Dax current: Dax closes below 26,000 points - rally faces important stress test
Stress in the bond market, new threats from the US, lack of buyers: the Dax comes under additional pressure this week. The reaction in other asset classes is even greater.
The German stock market is facing its first major test amid rising bond yields and escalating rhetoric in the Iran conflict. The Dax index ended Thursday down 0.4% at 25,983 points, having spent most of the day below 26,000 points. This marks a turning point after the index had previously gained over 3.5% and reached several new records, with a peak of 26,573.50 points.
The Dax has now experienced four consecutive days of losses, its longest losing streak since June. There are currently few buyers in the market, with some investors possibly waiting for sharper declines before re-entering.
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.
