The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf The German stock market is once again about the 15,000 point mark. In the morning, the Dax was practically unchanged at 15,029 points. US stock exchanges put the index under pressure again yesterday, Monday. Ultimately, the stock market barometer closed 0.8 percent in the red on Monday at a level of 15,036 points.
So far, however, it does not look as if this scenario of falling Dax prices will repeat itself after the Wall Street opening. The US futures show slightly rising prices at the opening. In particular, the Nasdaq 100 technology index, which lost more than two percent on Monday, is likely to recover.
But it remains: The Frankfurt benchmark is facing a directional decision. If the index falls sustainably, i.e. at the daily closing price, below the mark of around 15,000 points, there is likely to be a significant sell-off afterwards.
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