The German stock market remains under pressure after the recent price losses. The leading index Dax fell in early trading on Friday by 0.15 percent to 15,741.38 points. On a weekly basis, this indicates a minus of around 1.5 percent. The barometer has lost sight of the record high of 16,030 points it reached a week ago.
The German stock market remains under pressure after the recent price losses. The leading index Dax fell in early trading on Friday by 0.15 percent to 15,741.38 points. On a weekly basis, this indicates a minus of around 1.5 percent. The barometer has lost sight of the record high of 16,030 points it reached a week ago.
Indications from the US Federal Reserve that it might tighten monetary policy this year caused the Dax to drop by more than two percent on Thursday to its lowest level since the beginning of August. In addition, given the spread of the delta variant of the coronavirus, economic concerns are spreading. The industry continues to experience delivery bottlenecks for important preliminary products.
The MDax fell 0.15 percent on Friday to 35,554.24 points. The leading Eurozone index EuroStoxx 50, on the other hand, hardly moved from the spot.
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
