Dax has slipped further into the red after the weak previous week. The German benchmark index traded 0.95 percent lower at 15 392.23 points in early trading on Monday.
Dax has slipped further into the red after the weak previous week. The German benchmark index traded 0.95 percent lower at 15 392.23 points in early trading on Monday.
Last Wednesday, the Dax had reached a record level of 15,810 points, but then turned and lost around one percent on a weekly basis. On Wall Street, too, the indices moved away from their record levels.
The MDax fell on Monday by 0.90 percent to 34,140.45 meters. The leading Eurozone index EuroStoxx 50 lost more than 1 percent.
The fear of inflation has moved into the background thanks to comments from the central banks, wrote market analyst Milan Cutkovic from the trading house Axi. On the other hand, concerns about the spread of the delta variant of the corona virus would increase. In the Far East in particular, there has been a sharp increase in new infections.
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.
