Dax aktuell: Europas Börsen unter Druck – Dax gibt seine Wochengewinne schnell wieder ab
Der Dax zeigte sich vergangene Woche noch unberührt vom Ausverkauf der Chipaktien in Übersee. Nun dreht er jedoch auch ins Negative. Der schwankende Ölpreis verunsichert Anleger.
European stock markets faced pressure on the opening day of the new trading week, as tensions in France weighed on investor sentiment. In Germany, investors are unwinding gains from the previous week following the strong performance. The DAX, Germany's key stock index, closed the day 1.6% lower at 25,211 points, marking a loss of over 350 points compared to Friday's close.
This week's DAX was up around 1% to 25,623 points, the highest level since mid-September. Meanwhile, in the US, a wave of selling in chip stocks on Wall Street shaped the market trend throughout the week. However, US markets also saw strong losses, with the S&P 500 and Nasdaq recording further declines. In France, protests continued over the weekend, primarily targeting poor education, rising living costs, and fuel prices.
The protests caused nervousness in the French financial markets, with the CAC 40 index losing 1.4% on Monday alone. The yield on 10-year French government bonds rose to 4.89% on Monday, a 146 basis points increase over Germany's benchmark German Bund yield of 3.41%.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
