The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf The relaxation lasted exactly one day. After the Dax recovered from its slide on Monday and went out of trading with a small plus at 15,280 points, the German leading index started the day on Tuesday 150 points or almost one percent lower at 15,117 points. In the first hour of trading it went down to 15,021 points – a decrease of 1.7 percent. The leading index was able to partially make up for the losses – it went from the trading day with minus 1.2 percent at 15,100 points.
The reason for the bad mood: Covid 19 worries were back – and with force. The new variant of the virus and the recent increase in new corona infections caused by the delta variant unsettled investors worldwide. A speech by Federal Reserve Chairman Jerome Powell, published in advance on Monday night, deepened the fruit of the economic consequences.
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