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tz-plus logo DAX weaker ahead of Jackson Hole - K+S significantly under pressure after Berenberg downgrade to Sell - Scout24 in focus after Citigroup study - Home Depot firmer after strong outlook!

M. Springman
Reading Time: 6 minutes

Weak guidelines, especially from the US technology sector, are causing declines in the DAX at midweek. After a weak start to trading, the German leading index has slightly mitigated its losses at noon but is currently down by -0.36% . More significant declines are evident here, particularly among heavyweights in the defense sector like Rheinmetall (-1.05%) , following Vladimir Putin's agreement to direct negotiations with Ukrainian President Zelensky. In contrast, stocks from defensive sectors are performing well, with Deutsche Telekom (+0.82%)...

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