Current Dax: Dax remains unchanged - Mercedes and Beiersdorf disappoint investors
Ahead of the interest rate decisions by the Fed and ECB, the Dax remains under pressure. Several corporations are releasing their quarterly figures, including Beiersdorf and Porsche.
The Dax, Germany's leading index, is little changed at 25,385 points on Tuesday morning, after a 0.9% gain on Monday. The index remains within its sideways range of several weeks, with investors waiting for a clear trend. Upcoming company results and economic data are expected to provide new guidance, with several Dax companies, including Beiersdorf and Porsche AG, releasing third-quarter figures. Concerns over high energy prices and their impact on inflation and the economy continue to weigh on the Dax.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
