Dax with slight gains ahead of US labor market report

Before the eagerly awaited US labor market report, the Dax posted slight gains on Friday.

Frankfurt / Main - With an increase of 0.20 percent to 15,635.36 points after the first few minutes of trading, the German benchmark index continued its recent recovery and turned the previously slightly negative weekly balance into a slight plus.

The MDax of the medium-sized values, on the other hand, remained almost unchanged at 34,279.48 points with an increase of 0.07 percent.

The EuroStoxx 50 as the leading index of the Eurozone also hardly moved with a plus of 0.08 percent to 4082.26 points.

In any case, market observers do not expect too large price jumps before the monthly employment figures are published as the highlight of the stock market week in the United States, which has so far been quite hesitant. Investors are looking very closely here, because "the labor market report in particular serves to derive more precise expectations about the Fed's interest rate path," said economist Cyrus de la Rubia from Hamburg Commercial Bank. dpa