DAX rebelled and started

The DAX rose 0.5% on Monday and traded near the 18270 level. This follows the rise in major European stock indices, and following a fall of about 3% the previous week, traders are digesting the US political situation and its impact on the US election in November.

President Joe Biden abandoned re-election and supported Vice President Kamala Harris as the Democratic Party candidate, but Donald Trump continues to lead the presidential election.

Bayer (2.5%), Infineon (2.1%), Porsche (1.5%), BMW (1.5%), and RWE (1.4%) occupied the top positions, and Sartorius (-1.1%) became the biggest negative.