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DAX rebounds to 23,284 on strong Nvidia results, Bitcoin rise, and rate cut hopes amid economic uncertainty.
The DAX rose to 23,284 points on Monday, recovering from a recent low of 22,943, as markets reacted to strong Nvidia earnings, a rebound in Bitcoin, and renewed hopes for a Federal Reserve rate cut.
Despite cautious sentiment, tech stocks remained resilient, supported by solid earnings, though concerns linger over overvalued AI firms.
U.S. economic data was delayed due to a government shutdown, contributing to uncertainty.
German and eurozone indicators showed weak growth, while investor focus turned to upcoming data, including Germany’s Ifo index and U.S. GDP.
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DAX rebotó a 23,284 con fuertes resultados de Nvidia, aumento de Bitcoin y esperanzas de recorte de tasas en medio de la incertidumbre económica.