Dax aktuell: Dax rutscht in Richtung der 25.000-Punkte-Marke ab
Nach dem schwachen Wochenauftakt gibt der Dax weiter nach. Neben KI-Sorgen und dem hohen Ölpreis setzen steigende Anleiherenditen die Aktienmärkte unter Druck.
Frankfurt - The resurgence of concerns over artificial intelligence and high oil prices have impacted the German stock market on Tuesday. The Dax index fell 0.9% to 25,192 points in the initial trading minutes and continues to hover near its lowest level since late July. Instead of surpassing the 26,000-point mark, the 25,000-point milestone is now within reach.
This level was last breached on July 23. Market analyst Thomas Altmann from QC Partners noted that rising energy prices and interest rates create a vicious cycle, negatively affecting the future outlook of stocks. The oil price remained at a high level overnight, with Commerzbank foreign exchange expert Michael Pfister predicting that the 110 US dollars per barrel mark could be targeted following the Huthis' advance in Yemen.
This further draws attention to the Federal Reserve's interest rate decision expected on Wednesday evening, which investors anticipate as a sign of tighter monetary policy.
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