Current Dax: Dax turns into minus - oil price over $100
Investors are looking at, among other things, new inflation and economic data, while oil prices are rising again after initial losses.
The Dax index was down 0.8% to 25,006 points on Thursday afternoon. This follows a 0.8% decline to 25,199 points on Wednesday. The drop was triggered by a surprise 3.3% rise in German consumer prices in September. Meanwhile, the Nikkei-Index in Japan surged up to 3% due to a rally in chip stocks, boosted by strong earnings from Micron. France has unveiled its 2027 budget, aiming to reduce its high deficit and regain market confidence through austerity measures.
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.
