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Frankfurt / Main (dpa) - On the day of the change of power in the United States, the Dax started moderately in positive territory.
The leading index rose 0.24 percent in early trading to 13,848.06 points and the MDax followed it with an increase of 0.25 percent to 31,368.98 points.
For the leading Eurozone index EuroStoxx 50 it rose by 0.3 percent.
Investors are cautiously optimistic about the inauguration of Joe Biden, who will be sworn in as the 46th President of the USA shortly after trading closes in Europe.
After the storm on the Capitol two weeks ago, the act is under extreme security precautions.
According to analyst Jeffrey Halley of broker Oanda, investors are focused on the announced trillion dollar economic aid to fight the pandemic.
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"Now Biden has to prove that the advance praise with which the financial markets have given him are justified," said Esther Reichelt from Commerzbank.
So in the fight against the pandemic, Biden needs to deliver quick results to keep investors happy.
In Germany, the extension of the lockdown decided the day before was already expected.
© dpa-infocom, dpa: 210120-99-96592 / 2