FRANKFURT (dpa-AFX) – The Dax’s recent four-day winning streak did not continue on Tuesday. However, in the afternoon the German leading index remained only a few points below its previous day’s record of around 21,055 points. The sharp rhetoric of the new US President Donald Trump on taking office caused temporary restraint, while on the other hand the price gains on Wall Street provided support.
At the close, the Dax gained 0.25 percent to 21,042.00 points. In the second German stock market series, the MDax closed at 25,972.67 points, down 0.11 percent.
The new US president presented himself as a savior for the United States with an “America First” policy and promised a new upswing for the country. In his inaugural address, he promised to reduce inflation, boost energy production and impose import tariffs. He announced high tariffs for imports from Canada and Mexico.
Trump will probably significantly increase…
