US EditionMarket Report: Dax Falls Below 23,000 Points
7 Articles
7 Articles
After three trading days with price gains of a total of more than 1000 points, the hope for an early end to the Iran war is dwindling on the stock market. The biggest winners of the week are losing.
After US President Trump's speech on Thursday, stock prices fell sharply again, including in the United States, while oil prices rose.
The recent stock market recovery is over. The DAX falls under the mark of 23,000 points. The US President had again dampened hopes for an end to war with the announcement of "extremely harsh" attacks against Iran.
The stock market is sensitive, investors seem insecure by Trump's foreign policy. The Dax is sinking.
The DAX declined on Thursday. At the close of Xetra trading, the index stood at 23,168 points, a decrease of 0.6 percent compared to the previous day's close. After a weak start, the DAX initially extended its losses but managed to recover some of them in the late afternoon. "Investors are concerned about a further escalation in the Middle East over the holidays," commented Andreas Lipkow, Chief Market Analyst at CMC Markets. The war continues …
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