Dax loses more than 300 points – rise in interest rates slows stock markets

Dax curve

The leading German index has already reached several new record highs this year.

(Photo: Bloomberg Creative / Getty Images [M])

Dusseldorf The joy of the outcome of the federal election is over on the German stock market on Tuesday. The Dax is down 2.1 percent on the trading day and closes at 15,248 meters, a minus of more than 320 points. The leading index had already given up most of its initial gains on Monday and closed at 15,573 points, an increase of 0.3 percent.

Investors throw technology stocks out of their depots on Tuesday, among other things. The European industry index lost almost 4.8 percent, the chip manufacturer Infineon is by far the biggest loser in the Dax 40 – the share fell on Tuesday just under 5.9 percent.

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