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 reason: The Covid-19 worries are back – and with force. The new variant of the virus and the recent increase in new corona infections caused by the delta variant are unsettling 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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