FRANKFURT (dpa-AFX) – In view of customs and economic concerns, the positive trend of the Dax is on the brink of collapse. Statements by US President Donald Trump suggest an escalation of the tariff conflict and caused annoyance among investors. This put a damper on the start of the week on the stock markets in Asia and Europe and the US stock markets also fell significantly for the most part. “Investors’ appetite for risk from the first few weeks of the year is gone,” summarized chief market analyst Jochen Stanzl from broker CMC Markets. “Many are still hoping that the punitive tariffs will only serve to build up pressure for negotiations. But if they stay longer, growth will suffer.”
At the close of trading on Monday, Germany’s leading index, the Dax, had lost 1.33 percent to 22,163.49 points. Over the course of the day, it had also temporarily slipped below the 22,000-point mark, which it had broken for the first time…
