Dax in the morning at 15,066 points: experts warn of a setback

Frankfurt On Tuesday afternoon, the Dax cannot use the good specifications from Wall Street the previous evening and from Asia. The leading German index is at 15,066 points, down 0.3 percent. Munich Re, Hannover Re, Covestro and Siemens Energy 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. However, the assessment of the companies is better than in the past seven months.

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.

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