Dax current: Dax rises to two-month high after midterms - Heidelberg shares jump up

Dusseldorf. The Democrats win the midterm elections in the USA – thereby making the most likely scenario come true, which the markets had also expected in advance. The price reactions are correspondingly positive. The Dax was up almost one percent at 26,104 points on Thursday morning. The leading index is now well above the round mark of 26,000 points. The daily high of 26,157 points is the highest level since the beginning of September.

The cautious reaction of US President Donald Trump, who congratulated the Democrats on their election victory and announced that he would not permanently use his veto rights on legislative proposals, could trigger cautious optimism.

In the run-up to the election, experts feared that Trump might not accept the election results and thus trigger political chaos. The Democratic majority in both chambers of Congress makes Trump the proverbial “lame duck” for the final two years of his term.

It is still unclear how the elections will affect the Iran war. In the run-up to November 3rd, fears arose that the USA and Israel could intensify their attacks on Iran again, thereby driving up oil and gas prices further. However, there is initially no indication of this.