Stock exchange in Frankfurt: Dax fell slightly from a high level – US elections in view

In somewhat higher regions, the Dax ran out of air on Tuesday.

Stock exchange in Frankfurt: Dax fell slightly from a high level – US elections in view

In somewhat higher regions, the Dax ran out of air on Tuesday. In early trading, the leading German index fell by 0.15 percent to 13,513.35 points. All eyes are on the US midterm elections, which should determine US President Joe Biden's future leeway.

The MDax lost 0.34 percent to 24,003.42 points. The Eurozone leading index EuroStoxx 50 fell by 0.3 percent.

According to CMC Markets analyst Jochen Stanzl, the real test for the stock market this week is Thursday, when US inflation data is released. "With the European Central Bank and the Federal Reserve, the two major central banks have signaled that their rate hike course will no longer be 75 basis points per meeting, but only 50 basis points. But only if the inflation data allow it. The worst thing for the stock market would therefore be another jump in the inflation rate."

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