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DAX Starts the Week Cautious

Frankfurt's DAX 40 was little changed around 25,830 on Monday, mirroring a cautious sentiment acros both sides of the Atlantic, ahead of tomorrow's US midterm elections. Meanwhile, oil prices declined following reports that Donald Trump wants to extend negotiations with Iran before considering resuming airstrikes after the elections. Fresenius SE & Co surged over 2% to the top of the index, on news it is expanding its pipeline of generic drugs through a development agreement with WuXi Biologics.

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09:14:36 AM UTC
SquawkNews
By Stefano Rebaudo and Wayne ColeEuropean stocks struggled for direction on Monday after Friday’s tech rout, with investors looking ahead to Apple’s earnings and taking comfort from a sharp fall in oil prices amid hopes for a deal to end the Iran war.Markets face a pivotal week, with investors stil…

Frankfurt's DAX 40 was little changed around 25,830 on Monday, mirroring a cautious sentiment acros both sides of the Atlantic, ahead of tomorrow's US midterm elections. Meanwhile, oil prices declined following reports that Donald Trump wants to extend negotiations with Iran before considering resuming airstrikes after the elections. Fresenius SE & Co surged over 2% to the top of the index, on news it is expanding its pipeline of generic drugs through a development agreement with WuXi Biologics.

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