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Stock exchange in Frankfurt: Recovery rally in the Dax takes a break at the start of trading

Stock exchange in Frankfurt: Recovery rally in the Dax takes a break at the start of trading

The recovery rally in the Dax has initially taken a break. In the first few minutes of trading, the leading German index fell by 0.3 percent to 13,652 points on Wednesday.

The recovery rally in the Dax has initially taken a break. In the first few minutes of trading, the leading German index fell by 0.3 percent to 13,652 points on Wednesday.

“The influence of the US midterm elections on the market has so far been manageable,” says Helaba. In the “midterms” in the middle of President Joe Biden’s four-year term in office, following the closure of the polling stations in numerous states, it is still unclear which party will have the say in the US Congress in the future. However, a recently predicted overwhelming victory for the Republicans has not yet emerged.

The MDax lost 0.6 percent to 24,329 points. The leading eurozone index, the EuroStoxx 50, remained almost stable.

Source: Stern

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