Business · Markets · 11 hrs ago
Dax rises as investors await Apple results and US midterm elections
German stocks recovered on Monday, with the Dax closing 0.63% higher at 25,981.09 points.
The rise followed a drop on Friday and came as US markets also rebounded.
Lower oil prices and hopes for diplomacy in the US-Iran war supported shares, including travel companies Tui and Lufthansa.
Technology stocks also gained after recent concerns about whether heavy spending on artificial intelligence infrastructure will pay off.
Investors were waiting for Apple’s quarterly results, due after US markets closed, and for US midterm elections on Tuesday.
The Dax briefly moved above 26,000 points but could not hold that level, as investors lacked confidence and geopolitical risks remained.
The results and election may shape market sentiment, while the Dax’s next direction remains uncertain.
Germany’s Dax rose 0.63% to close at 25,981.09 points on Monday.
Investors were looking ahead to Apple’s quarterly results, due after the US market closed, and Tuesday’s US midterm elections.
Lower oil prices and a recovery on Wall Street helped support the market.
The Dax briefly moved back above 26,000 points, but investors lacked the conviction to hold it there.
Technology shares broadly recovered, while Rheinmetall fell after a report of a delay to a major order.
- Who
- German stock-market investors, including traders in Dax-listed companies.
- What
- The Dax rose 0.63% to close at 25,981.09 points.
- When
- Monday, November 2, 2026.
- Where
- Frankfurt, Germany.
- Why
- Lower oil prices and a recovery in US markets supported shares as investors awaited Apple’s results and the US midterm elections.
This story does not have two clearly opposing sides.
The Dax fell as technology shares, particularly on the Nasdaq, came under pressure.
The Dax recovered and closed 0.63% higher at 25,981.09 points.
Apple was due to publish its quarterly results.
The US midterm elections were due to come into focus.
- Dax close
- 25,981.09 points, up 0.63%
- MDax close
- 30,855.37 points, up 1.26%
- Apple results
- Due Monday evening after the US market close
- US midterm elections
- Due Tuesday
- Rheinmetall
- Shares fell 3.6% amid a report of a delayed Boxer vehicle order
What people are saying
Apple muss es richten
Politische Klarheit könnte dafür den Anstoss geben - geopolitische Risiken bleiben allerdings ein Unsicherheitsfaktor