Current Dax: Midterms hardly move Dax - Heidelberg share jumps up
The clear election victory of the Democrats in the USA corresponds to the expectations of investors. However, economic data and inflation data are causing fluctuations.
Düsseldorf – The Democrats' victory in the US Midterm elections seems to have had little impact on the Dax index, which remains relatively stable at 26,000 points. The index peaked at 26,029 points during the morning session, indicating a slight gain of 0.5 percent. President Donald Trump congratulated the Democrats on their triumph and announced he would no longer be using his veto rights as frequently as he had in the past.
Experts had feared that Trump might reject the election results, leading to political turmoil. However, with a Democratic majority in both chambers of Congress, Trump is effectively in a weakened position for the remainder of his term. The impact of the elections on the Iran conflict remains uncertain, as there are no early indications that the US and Israel will resume their attacks on Iran.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
