Dax Dives into Deflation – Trump’s Loss Fails to Revive Rally.

Dax Dives into Deflation - Trump's Loss Fails to Revive Rally.

The German DAX index closed at 23,933.23 points on Thursday, a decline of 0.44 percent from the previous day’s close.

Despite the initial boost from the US court’s decision, market observers believe that the impact of the Trump loss on the hopes for a trade agreement will be short-lived, as investors do not anticipate a significant shift in the US government’s policies.

Porsche’s shares stood out, rising by over one percent, in contrast to the decline of Vonovia, Heidelberg Materials and Siemens, which fell by more than two percent, respectively and ranked at the bottom of the DAX index list.