FRANKFURT (dpa-AFX) – The Dax was unable to maintain its gains on Tuesday. After a friendly start, the leading German index gradually slipped and closed 0.27 percent lower at 19,478.07 points. The recent moderate recovery is thus over for the time being. The record high of just under 19,675 points reached in mid-October, which the Dax had approached in early trading, remained too high a hurdle ahead of important quarterly figures from the USA.
aThe air is out for the time beingo, wrote financial market expert Andreas Lipkow. Investors were waiting for the interim report from Google’s parent company Alphabet, which opens the reporting season for US technology giants after the closing bell on Wall Street. Figures from other American companies have already shown that the bar is high, especially for the outlook.
The MDax index of medium-sized German stock market companies ultimately lost 1.01% to 27,060.92 points on…
