Current Dax: Dax starts significantly above 26,000 points - and heading for a record
After significant losses last week, investors are once again looking positively at the market environment. A number of quarterly figures are also helping with this. Will the turnaround come in the afternoon?
The Dax is on a record hunt again, up 1.1% to 26,561 points on Tuesday, after a positive start to the week. It is now only around 100 points away from its record high of 26,692.90 points reached last week, fueled by euphoria after the US midterm elections. Several companies, including Infineon, K+S, Uniper, and Porsche SE, have released robust quarterly figures, with Infineon's stock gaining over 5%.
However, investor sentiment may shift after the release of US consumer prices for October at 14:30, which could impact expectations for a potential Federal Reserve interest rate hike in December.
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.
