Concerns about further escalation in the Middle East conflict push DAX significantly into the red at week’s end - SMA Solar surges double digits after forecast upgrade - BMW rises after HSBC upgrade - Chip stocks hit again after weak US signals - Netflix disappoints with weak forecast!

The DAX is showing declines as the week comes to a close, following weak signals from the US technology sector and Japan. Throughout the day, the DAX managed to somewhat reduce its losses and is presenting a decline of -0.53% at noon. This morning, the top winner is mainly SMA Solar (+13.9%). The inverter manufacturer surprised with a forecast upgrade for the current fiscal year after strong Q2 numbers and is currently gaining more than 9%. In addition to the forecast upgrade, a positive analyst comment from Deutsche Bank, which raised its rating...