{"id":69806,"date":"2026-10-23T11:30:31","date_gmt":"2026-10-23T09:30:31","guid":{"rendered":"https:\/\/www.captrader.com\/?post_type=research&#038;p=69806"},"modified":"2026-10-23T12:48:44","modified_gmt":"2026-10-23T10:48:44","slug":"weekly-review-dax-and-wall-street-key-figures-and-interest-rate-concerns-move","status":"publish","type":"research","link":"https:\/\/www.captrader.com\/en\/research\/wochenrueckblick-dax-und-wall-street-ki-und-zinssorgen-bewegen\/","title":{"rendered":"Weekly review DAX and Wall Street: AI and interest rate concerns dominate"},"content":{"rendered":"<p>Schwelende Nahostrisiken, eine unklare geldpolitische Marschroute und kritisch hinterfragte KI-Bewertungen halten die Aktienindizes in einer Nebelkiste gefangen und lassen eine klare Orientierung vermissen. Von einem Goldenen Herbst kann nach wie vor nicht die Rede sein. Die Anleger agieren weiterhin mit angezogener Handbremse, getrieben von Zinssorgen und den ambitionierten Erwartungen im KI-Sektor. Ohne festen Orientierungspunkt fehlt Anlegern in einem Spannungsfeld aus geopolitischen Risiken und Zinserwartungen sowie KI-Fantasien der rote Faden. Auch die Berichtssaison lieferte zwischenzeitlich immer wieder nicht eindeutige Impulse.<\/p>\n<h2><strong>DAX<\/strong><\/h2>\n<p><strong><img loading=\"lazy\" decoding=\"async\" width=\"1383\" height=\"869\" class=\"wp-image-69807\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/10\/word-image-69806-1.png\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/10\/word-image-69806-1.png 1383w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/10\/word-image-69806-1-300x189.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/10\/word-image-69806-1-1024x643.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/10\/word-image-69806-1-768x483.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/10\/word-image-69806-1-18x12.png 18w\" sizes=\"auto, (max-width: 1383px) 100vw, 1383px\" \/><\/strong><\/p>\n<h2><strong>Chinese economic data provide a boost<\/strong><\/h2>\n<p>As early as the beginning of the week, various economic data from the heart of Germany provided some light. The annual growth rate of GDP was 4.5 percent higher than expected (4.4 percent). Industrial production also performed better than expected (0.5 percent) compared to the previous year. Last but not least, retail sales also increased by almost double the expected level with 1.1 percent.<\/p>\n<h2><strong>ZEW index for economic sentiment falls for the first time in five months<\/strong><\/h2>\n<p>For the first time in five months, the ZEW index for economic sentiment has fallen again. In October, it fell by 6.6 points to 28.1 units. Among the reasons cited were high energy prices and weak consumption. \u201eThe German economy is slowly emerging from stagnation, but the recovery is not self-sustaining,\u201c said ZEW President Achim Wambach.<\/p>\n<h2><strong>Weekly first-time applications for U.S. unemployment benefits fall surprisingly<\/strong><\/h2>\n<p>Last week\u2019s initial weekly applications for U.S. unemployment benefits remained below expectations at 194,000 units (200,000), as data published on Thursday afternoon showed. At the beginning of the month, the official U.S. nonfarm payroll report for September was weaker than expected. The development of the U.S. Federal Reserve (Fed) labor market plays a central role in monetary policy decisions. Next week, Wednesday, the U.S. central bank will decide on the future level of the key interest rate.<\/p>\n<h2><strong>Focus on purchasing managers \u2013 opportunities both on and off the Atlantic<\/strong><\/h2>\n<p>The purchasing managers from S&amp;P Global for the German sector gave a mixed picture overall. While the index for the manufacturing sector performed better than expected, the overall index as well as the service sector fell below expectations.<\/p>\n<p>The European side was unable to meet all expectations.<\/p>\n<p>On Friday, investors will also look at the counterparts for the US side (15:45).<\/p>\n<h2><strong>Dow Jones Industrial Average Index<\/strong><\/h2>\n<p><strong><img loading=\"lazy\" decoding=\"async\" width=\"1383\" height=\"869\" class=\"wp-image-69808\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/10\/word-image-69806-2.png\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/10\/word-image-69806-2.png 1383w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/10\/word-image-69806-2-300x189.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/10\/word-image-69806-2-1024x643.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/10\/word-image-69806-2-768x483.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/10\/word-image-69806-2-18x12.png 18w\" sizes=\"auto, (max-width: 1383px) 100vw, 1383px\" \/><\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>In the past trading days, the topic of AI once again took center stage for investors.<\/p>","protected":false},"author":36,"featured_media":47207,"template":"","meta":{"_acf_changed":false},"research-kategorie":[4756],"class_list":["post-69806","research","type-research","status-publish","has-post-thumbnail","hentry","research-kategorie-boersenwoche-mit-dax-40-und-wall-street"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/research\/69806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/research"}],"about":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/types\/research"}],"author":[{"embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/users\/36"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/media\/47207"}],"wp:attachment":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/media?parent=69806"}],"wp:term":[{"taxonomy":"research-kategorie","embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/research-kategorie?post=69806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}