Dusseldorf On the first day of the European central bank conference, investors in the German stock market initially showed a reluctance to buy. On Tuesday, the leading index Dax continued its loss series for a long time. In the meantime, the stock market barometer has even fallen below the 15,800 point mark, which it has been able to defend since the beginning of June.
In the afternoon, however, positive US economic data improved investor sentiment. The Dax followed Wall Street into the plus and was 0.2 percent higher at 15,845 points in the late afternoon.
The Dax is thus initially interrupting its series of losses, which has been going on for six trading days. Since the beginning of the year, there have not been so many trading days on which the Frankfurt Stock Exchange Barometer closed in the red in a row.
Also on Monday, the Dax went out of trading with a minus of 0.1 percent at 15,813 points. Jochen Stanzl from online broker CMC Markets comments that there is not much time left for the stock market to break out before the summer break catches up.
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