The ECB's largely unexpected rate cut sparked a short rally on European markets. But the dominant theme on Wall Street was a little blue bird. We asked analyst Lars Halter about it.
Stocks on Wall Street have opened higher as financial markets have put behind the nervousness that had beset them after Donald Trump's election victory. Investors were surprisingly upbeat also in other world regions.
Messaging service company Snap has gone public on Wall Street. Investors helped the stock take off the ground, but the IPO entails a number of risks, as the firm's business model is weak, argues DW's Sophie Schimansky.
Fast-growing social media company Snap has filed documents for a share offering, seeking to raise billions of dollars in a keenly anticipated Wall Street debut and after burning massive amounts of cash in recent years.
Germany's blue-chip Dax index has hit a one-year high amid rising investor confidence ahead of key meetings by European and US central bankers, and as concerns over Italy's political future is easing.
© 2017 Deutsche Welle |
Legal notice |
| Mobile version