Concerns About Further Escalation in the Middle East After US Airstrike on Iran Continue to Weigh on Market Sentiment - Pfisterer and FMC Rise After Positive Analyst Comments - Beauty Company Estee Lauder Benefits From Deutsche Bank Upgrade
Reading Time: 7 minutes
The DAX continues to face pressure at midday as the new trading week begins, currently trending downwards with a loss of 0.40% . After the German index initially opened trading with significant declines this morning due to fears of further escalation in the Middle East following the US airstrike on nuclear facilities in Iran, recent better-than-expected economic data provided some support. The purchasing managers' index for the services segment for June stood at 49.4 points, well above the expectations of 47.8 points, while the purchasing managers'...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
