The averting of the impending default in the USA supported the Dax on Friday. The German benchmark index gained 0.7 percent to 15,960 points in early trading. After the U.S. House of Representatives, the Senate also voted in favor of the compromise negotiated by U.S. President Joe Biden and leading Republican in Congress Kevin McCarthy to suspend the debt ceiling. "It's the day when we can finally put a tick on the U.S. debt dispute," said Thomas Altmann of QC Partners. The deal had already been priced in. "Nevertheless, we see a sigh of relief among the stock market."

In this environment, the small-cap index M-Dax climbed by 1.1 percent to 27,042 percent. The Euro Stoxx 50 rose by 0.8 percent to 4290 points. In the United States, the Dow Jones Index was up 0.5 percent by the end of trading on Thursday, the S&P 500 was up 1.1 percent and the tech-heavy Nasdaq Composite was up 1.3 percent.

The focus has now probably shifted back to the monetary policy of the US Federal Reserve. Recently, there have been increasing signals from the central bank's management that point to a pause in interest rates in June. The economic data, especially the development of the labour market, are likely to be decisive for this. In the afternoon, the U.S. jobs report will be released - economists polled by Reuters expect a solid 190,000 nonfarm jobs, up from 253,000 in April.

Among the biggest winners in the Dax were Adidas with a plus of 3.2 percent at times. In the MDax, Puma gained 3.9 percent. According to figures from yoga clothing manufacturer Lululemon, the stocks benefited from the good mood in the industry. The company raised its full-year guidance for revenue and earnings. The stock itself gained 13 percent in after-hours trading in the United States.