DAX 40 slips about 0.7% as US-Iran tensions weigh
The DAX 40 fell about 0.7% to around 23,390 on Monday, ending a four-day rally after record highs last week. US-Iran tensions pushed oil prices and bond yields higher, with most sectors trading lower.
The DAX 40 fell about 0.7% to around 23,390 on Monday, ending a four-day rally that had pushed the index to record highs last week and underperforming its European peers.
Rising US-Iran tensions weighed on market sentiment, pushing oil prices and bond yields higher.
Most sectors traded in the red, led by industrials, financials and technology stocks.