Current Dax: Dax rises to a two-month high after midterms - Heidelberg shares jump up
The clear election victory of the Democrats in the USA corresponds to the expectations of investors. In addition, figures and inflation data are causing movement.
The Democrats have won the US midterm elections, a widely expected outcome that has been met with positive market reactions. The Dax index rose 1.2% to 26,194 points, surpassing the 26,000 mark, with its intraday high of 26,210 points being the highest since late August. US President Donald Trump congratulated the Democrats on their win and signaled a willingness to work with them, vowing not to use his veto power excessively.
The Democratic majority in both congressional chambers will likely limit Trump's power for the remainder of his term. The impact of the elections on the Iran conflict remains uncertain.
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.
