Dax currently: Dax closes in the negative – “investors are in wait-and-see mode”
After various records, investors were cautious on Tuesday. There are currently no new buyers. Even positive economic data could not support the Dax.
The German stock market index, Dax, closed at 26,128 points on Tuesday, a decrease of around 0.8 percent. Despite this, the index remains near its recent record high of 26,573 points, which was the 15th record this year. The ZEW-Index, a key indicator of Germany's economic development, unexpectedly rose to 34.2 points in August, surpassing forecasts.
Meanwhile, tensions between the US and Iran have driven up oil prices, with Brent crude oil reaching $92 per barrel, and German government bond yields have increased to a 15-year high.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Dax currently: Dax ends loss week – and closes in the plus handelsblatt.com
