After breaking through the Dax record of 20,000 points, investors on the German stock market are likely to take a deep breath.

According to price developments on the futures markets, the Dax will start Wednesday with little change. On Tuesday, it had gained 0.4 percent to 20,016 points and closed above the 20,000 mark for the first time. Strategists cited the strong US economy and the prospect of falling interest rates in the USA and the eurozone in the long term as drivers.

At the same time, the unstable political situation in France continues to fray investors' nerves. The right-wing nationalist party Rassemblement National led by Marine Le Pen and the left-wing parliamentary group want to topple Prime Minister Michel Barnier on Wednesday with a motion of no confidence. Investors are also looking anxiously to South Korea, where President Yoon Suk Yeol has lifted the martial law he unexpectedly imposed after just a few hours. The opposition is calling on Yoon to resign or face impeachment proceedings.

From the USA, the US labor market data from private provider ADP is due, which should provide a foretaste of the official report on Friday. In addition, the Fed's economic report, the so-called Beige Book, will be published.

Closing prices in Europe

Stock indices and

-futures on Tuesday

Dax 20,016.75

EuroStoxx50 4,878.51

EuroStoxx50 future 4,893.00

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Closing prices of the status Change in

US indices on Tuesday Percent

Dow Jones 44,705.53 -0.2%

Nasdaq 19,480.91 +0.4%

S&P 500 6,049.88 +0.0%

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Asian indices at 07:00 Change in

Wednesday Clock Percent

Nikkei 39,334.07 +0.2%

Shanghai 3,378.29 -0.0%

Hang Seng 19,793.44 +0.2%

(Report by Anika Ross, Zuzanna Szymanska, edited by Elke Ahlswede. If you have any questions, please contact our editorial team at berlin.newsroom@thomsonreuters.com (for politics and the economy) or frankfurt.newsroom@thomsonreuters.com (for companies and markets).)