DAX at 2-Week Low
Frankfurt's DAX 40 fell 0.6% to around 25,230 on Friday, hitting a two-week low and extending the previous session’s losses. While the earnings season continues to draw investors’ attention, sentiment remained cautious amid rising oil prices due to escalating tensions in the Middle East. Also, concerns over demonstrations scheduled for Saturday in France and Italy weighed. Most sectors traded lower, particularly telecom, software and autos.
Frankfurt's DAX 40 fell 0.6% to around 25,230 on Friday, hitting a two-week low and extending the previous session’s losses. While the earnings season continues to draw investors’ attention, sentiment remained cautious amid rising oil prices due to escalating tensions in the Middle East. Also, concerns over demonstrations scheduled for Saturday in France and Italy weighed. Most sectors traded lower, particularly telecom, software and autos.