Market report: DAX hardly modified | tagesschau.de | EUROtoday

market report

As of: March 17, 2026 • 7:34 a.m

After a constructive begin to the week, the DAX may run out of steam once more as we speak. Even good pointers from the USA do not appear to have the ability to change this – AI desires reignited there yesterday.

After its stable begin to the week, the DAX is more likely to begin the day cautiously as we speak with oil costs barely larger once more. The dealer IG valued the German main index round 0.2 p.c decrease at 23,503 factors. Yesterday the main index achieved a rise of 0.5 p.c to 23,564 factors.

At the identical time, doubts are rising as as to if the federal government in Tehran will rapidly quit the stress that management over the Strait of Hormuz creates. Oil costs rose once more: a barrel (159 liters) of North Sea Brent rose to $102.87 within the morning. The US oil WTI can also be costlier this morning at $95.89 than yesterday.

The information that Iran has granted protected passage by way of the Strait of Hormuz to 2 liquid gasoline tankers flying the Indian flag may present reduction as we speak. The two ships from the state transport firm Shipping Corporation of India (SCI) handed by way of the strait below the supervision of the Indian Navy, the newspaper “The Times of India” reported. Indian Foreign Minister Subramanyam Jaishankar attributed the tankers’ protected passage to diplomatic efforts.

The Asian dangerous guys made some positive aspects within the morning. The Japanese Nikkei index rose by 0.3 p.c to 53,906 factors, whereas the Shanghai inventory change was little modified. One analyst spoke of a technical countermovement as an alternative of a brand new uptrend.

Concerns about an escalation of the Iran battle and the upcoming rate of interest choices by essential central banks stay an element of uncertainty. The US Federal Reserve, the European Central Bank, the Bank of England and the Bank of Japan will talk about the financial penalties of the battle this week. However, all are anticipated to maintain their financial coverage unchanged.

New value fantasies within the expertise sector have given the US inventory markets a lift. However, the battle within the Middle East curbed buyers’ willingness to take dangers. The US commonplace worth index Dow Jones in the end gained 0.8 p.c to 46,946 factors. The technology-heavy Nasdaq superior 1.2 p.c to 22,374 factors and the broad S&P 500 rose 1.0 p.c to six,699 factors.

Technology shares particularly rose. Shares in Meta rose 2.3 p.c after information company Reuters reported that the Facebook mother or father firm plans to chop 20 p.c or extra of its jobs. The firm needs to offset expensive investments in AI infrastructure and put together for higher effectivity by way of the usage of AI.

Nvidia was as soon as once more within the focus of buyers: Nvidia boss Jensen Huang expects orders price no less than a trillion {dollars} for the corporate’s present AI chip programs by the top of 2027. At the identical time, he’s satisfied that the demand for pc capability shall be considerably larger, mentioned Huang on the in-house developer convention GTC. The new forecast is considerably larger than the estimate given by the US chip firm in its most up-to-date quarterly figures.

Nvidia’s graphics processing models (GPU) are thought-about the spine of the worldwide increase in generative AI comparable to giant language fashions, which require immense computing energy. With a market capitalization of greater than $4.7 trillion, Nvidia is presently essentially the most helpful listed firm on the planet.

The US Securities and Exchange Commission (SEC) is outwardly making ready to abolish the quarterly reporting requirement. In the long run, corporations will solely need to current their outcomes each six months, the Wall Street Journal (WSJ) reported yesterday, citing insiders. The proposal might be revealed subsequent month. President Donald Trump spoke out once more in favor of this step on the finish of final 12 months, whereupon SEC boss Paul Atkins introduced that it might be applied extra rapidly.