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DAX edges up slightly amid mixed U.S. market trends and uncertainty over Fed rate cuts.
The DAX opened slightly higher on Monday, up 0.14% to 23,909.91 points, remaining near the 24,000 level after a 1.3% weekly gain.
The index briefly approached its October high of 24,771 points amid optimism over the end of the U.S. government shutdown, but uncertainty over a potential December Federal Reserve rate cut weighed on markets.
The Dow Jones fell from record highs and the Nasdaq dropped to its lowest since mid-October.
Investors now await U.S. economic data, including the September jobs report, while upcoming earnings from companies like Siemens Healthineers, Deutsche Bank, and Nvidia will shape sentiment.
Despite a nearly 20% year-to-date rise and strong eurozone corporate results, fading rate cut expectations and global volatility have dampened confidence, with the 24,000 mark seen as key support.
El DAX sube ligeramente en medio de tendencias mixtas en el mercado estadounidense e incertidumbre sobre los recortes de tasas de la Fed.