Dax currently: Dax turns into positive territory - and is back above 26,000 points
The German benchmark index is searching for a direction. High oil prices and rising bond yields are continuing to put pressure on the market. The purchasing managers' indexes could provide new impetus.
The Dax is slightly above the 26,000-point mark, up 0.5 percent to 26,105 points on Friday afternoon. This is a small increase after closing at 25,983 points on Thursday. The index has struggled this week and could end with a fifth consecutive loss if it closes lower today. The Dax remains above its 21-day moving average, indicating a stable short-term trend. High oil prices and rising bond yields, including US 10-year and 30-year government bond yields, are major market concerns.
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.
This story
This is one outlet's version. Read the fullest account.
- Dax currently: Dax is trading above 26,000 points in the plus range handelsblatt.com
