Dax currently: After tech sell-off - Dax starts significantly in the minus
On Thursday, the Dax reached a new record high, but little of the positive sentiment remains. After the significant price slide on Wall Street, the Dax is also going downhill.
Global markets are experiencing a downturn, triggered by a significant decline on Wall Street. The German stock market index Dax has lost 1.7% to 25,873 points. Tech stocks, which plummeted by 8-14% the previous day, show some recovery, with Aixtron and Suss Microtec in the MDax index making slight gains, while Infineon in the Dax index loses 0.7%. The decline is attributed to concerns over increased regulatory resistance in the US to the rapid expansion of data centers for artificial intelligence.
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.
