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DAX Tests 26,000 as Markets Await AMD and US Election Results

The DAX remains close to 26,000 points after extending its recovery, but the market's attention is shifting away from geopolitics and back toward earnings, economic data and US politics. Reports from Bayer, Lufthansa and Fresenius Medical Care highlight a market increasingly rewarding profit growth while punishing weak guidance. With US midterm elections, JOLTS job openings and AMD earnings on today's agenda, the next move in equities may depend less on technicals and more on whether earnings and economic data justify current valuations.

Philip Papageorgiou
Philip Papageorgiou

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