Skip to content

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

​​Dow and DAX pressured by tariff news​

Fresh tariff announcements, this time on cars, caused global indices to lose ground yesterday.

DAX 40 Source: Adobe images

​Dow

​The Dow Jones index reversed course yesterday on news of more tariffs, though the price held above the opening gap from Sunday night. Sellers will want to see a follow through below 42,000 to bolster the view that a lower high has formed. This might then put the price on course to test 41,000 once more. Alternately, a move back above 42,700 could see buyers regain the initiative.

Dow Jones chart Source: IG
Dow Jones chart Source: IG

DAX

​News of tariffs on cars dealt the DAX 40 a blow yesterday, causing it to briefly touch a two-week low. Both buyers and sellers will be watching to see if the selling persists into today’s session. However, the uptrend is still intact, so for the moment we are looking for a pullback towards a higher low.

DAX 40 chart Source: IG
DAX 40 chart Source: IG

This information has been prepared by IG, a trading name of IG Markets Ltd and IG Markets South Africa Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

Take a position on indices

Deal on the world’s major stock indices today.

  • 1-point spread on the FTSE 100 and Germany 40
  • The only provider to offer 24-hour pricing

Live prices on most popular markets

  • Forex
  • Shares
  • Indices

Prices above are subject to our website terms and agreements. Prices are indicative only

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Monday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.