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Frankfurt's DAX 40 closed about 0.6% down at 25,256 on Thursday, reaching the lowest since July 24, in line with broader weakness across European markets. Oil prices climbed further, adding to pressure on sovereign bonds amid heightened tensions in the Middle East. The Houthis reportedly fired missiles at Saudi Arabia,
Germany’s inflation prelim rose to 2.9% in August from 2.8% in July, below 3.1% expected. DAX 40 closed about 1.2% down at 26,282.4, snapping a four-day advance amid Middle East tensions and higher-rate prospects.