Fed chief Jerome Powell’s concern about further increases in interest rates put the Dax under pressure again on Monday. At the end of the day, the leading German index was down 0.61 percent at 12,892.99 points, picking up on Friday’s slide.
Fed chief Jerome Powell’s concern about further increases in interest rates put the Dax under pressure again on Monday. At the end of the day, the leading German index was down 0.61 percent at 12,892.99 points, picking up on Friday’s slide.
At times, the stock market barometer even broke the 12,800 mark at the start of the week and fell to its lowest level since mid-July.
Things went a little better in the second German stock exchange league: the MDax lost 0.21 percent to 25,470.50 points. In the meantime, the index of medium-sized stocks had even worked out a small plus in the course of trading.
Source: Stern
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.
