Current Dax: Dax is trading in the red – oil price back at $100
Iraq wants to export more oil and Saudi Arabia is announcing that it will restart the East-West pipeline. Nevertheless, investors remain tense and are looking at geopolitics.
The Dax index in Germany fell by 0.9% to 25,367 points on Wednesday afternoon. This comes after a relatively stable close on Tuesday at 25,578 points. US President Donald Trump's speech at the 81st UN General Assembly had a negative impact on market sentiment. Earlier, hopes of an end to the Iran war had driven the Dax up by almost 1%. The Dow-Jones index fell slightly on Wall Street, while the Nasdaq hit a record high for the second day in a row.
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 is trading up – oil prices are falling again handelsblatt.com
