FRANKFURT (dpa-AFX) – After a robust start to the week, the German stock market continued to rise at a slower pace on Tuesday. In the first few minutes of trading, the Dax broke through the much-watched 21,000-point mark and rose by 0.85 percent to 21,133 points. On Monday, the leading index had gained almost three percent, further reducing the losses resulting from the tariff shock triggered by US President Donald Trump at the beginning of April.
On Tuesday morning, the midcap MDAX index gained 0.91 percent to 26,871 points. The leading index of the eurozone, EuroStoxx 50, rose by around 0.3 percent to 4,924 points.
Investors continue to focus on the issue of tariffs and the erratic and unpredictable trade policy of the US under President Donald Trump. After the exemption for certain electronic products, Trump has now also promised carmakers at least temporary exemptions from far-reaching tariffs. At the same time,…
