DAX Under Pressure After US Rating Downgrade – Defense Stocks Defy Market Trend, Stratec (+4%) With Strong Outlook!
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On Monday, the DAX showed slight price declines, currently down almost 0.2%. Mixed signals from Asia weigh on the mood, especially weak guidance from US futures after the US rating agency Moody's downgraded the credit rating for the USA from "Aaa" to "Aa1" on Friday evening after the market closing. Moody's cited the significantly increased US national debt and uncertainties related to US tariff policy. Following the Moody's downgrade, US futures appear much weaker ahead of today's US market opening, with the S&P future currently at -1.1%....
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