Dax at 15,095 points in the morning: experts warn of a setback

Frankfurt On Tuesday morning, the Dax cannot use the good specifications from Wall Street the previous evening and from Asia. The leading German index is at 15,095 points, down 0.1 percent. Covestro and Eon provide some support with price gains of around one percent each. According to DWS, the current purchasing manager indices for January from Germany reflect an “expected phase of weakness” in the German economy.

In the USA, the broad S&P 500 gained around one percent, the Nasdaq 100 as an indicator for technology stocks more than two percent. The Japanese Nikkei index also presented itself with a premium of one and a half percent in view of the good mood on Wall Street.

Stock market analysts are not surprised by the pause in growth. “European investors first have to digest the incredible spurt,” says Mathieu Savary from the renowned Canadian analysis firm BCA Research.