DAX on Cautious Note
Frankfurt's DAX 40 traded slightly down around 25,550 on Wednesday, as investors weighed mixed corporate earnings ahead of the Fed’s monetary policy decision later in the day. Market sentiment was also dampened by oil prices, which rose again following the Israeli election and a media report about possible US attacks on Iran after the US midterm elections in early November. Symrise plunged nearly 10%, making it the worst performer, after its latest business update disappointed on profitability expectations despite beating revenue forecasts.
Frankfurt's DAX 40 traded slightly down around 25,550 on Wednesday, as investors weighed mixed corporate earnings ahead of the Fed’s monetary policy decision later in the day. Market sentiment was also dampened by oil prices, which rose again following the Israeli election and a media report about possible US attacks on Iran after the US midterm elections in early November. Symrise plunged nearly 10%, making it the worst performer, after its latest business update disappointed on profitability expectations despite beating revenue forecasts.