The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange rebounded on Thursday as investors evaluated a fresh batch of corporate earning scorecards. The index had closed in the red on Wednesday amidst renewed fears about AI-related disruptions and a jobs-data led moderation in Fed rate cut expectations.
The DAX index is currently trading 1.31 percent higher at 25,205.95, versus the previous close of 24,880.41. The day's trading ranged between a high of 25,224.95 and a low of 24,993.71. The index had touched an all-time high of 25,507.79 on January 13. In the 40-scrip index, 24 scrips are trading in the overnight green zone.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.