Business · Markets · 8 hrs ago
Dax edges higher after last week’s sharp correction
Germany’s Dax rose slightly on Monday morning, recovering some ground after last week’s sharp fall.
The index traded at about 25,950 to 25,970 points, just below the 26,000 mark.
It had hit a record near 26,693 points last week, then lost its gains over two days.
The drop followed a sell-off in US technology shares after the Democrats won the US midterm elections.
Investors worried that political pressure could slow the growth of artificial intelligence, adding to earlier concerns about whether large AI investments will pay off soon.
The Dax has been relatively protected because it has a lower share of technology companies than some other indexes.
The index is still struggling to stay above 26,000 points, and traders are cautiously assessing the market after recent volatility.
The Dax edged higher in early trading on Monday but remained below 26,000 points.
It stood at 25,924 points in early trading, while another report put it at 25,970 after the first hour.
The index had reached a record of 26,692 points last week before giving back its gains amid a global sell-off in technology shares.
Investors were concerned that political pressure in the United States could slow the growth of artificial intelligence.
The Dax’s next direction remained uncertain after the previous week’s volatility.
- Who
- The Dax, Germany’s leading stock index, and investors in the German market.
- What
- The Dax edged higher but stayed below 26,000 points.
- When
- Monday, November 9, 2026.
- Where
- The German stock market.
- Why
- The market was recovering after last week’s sell-off, linked in part to concerns that US political developments could slow AI growth.
This story does not have two clearly opposing sides.
The Dax reached a record high of 26,692 points.
The index gave back its gains amid a sell-off in technology shares.
Investors bought shares that had fallen sharply the day before, including chipmakers.
The Dax opened slightly higher but remained below 26,000 points.
- Early Dax level
- 25,924 points
- Dax level after first trading hour
- 25,970 points
- Previous record
- 26,692 points
- Monday’s index gain after first trading hour
- 0.6 percent
- EuroStoxx 50 gain on Monday
- 0.8 percent
3 sources
What people are saying
Thanks to its low tech weighting, the Dax has so far come through this difficult phase comparatively well
Now it needs further follow-on buyers for this recovery to continue
The first shock after the US midterm elections seems to have been overcome
The Democrats have discovered that you win elections by taking on Big Tech. That is more dangerous for stocks in the sector than any law