Concerns Over Interest Rates and US Tech Correction Lead to Significant Losses for the DAX - Bechtle on Strong Q3 Numbers and Optimistic Outlook Experiences Price Surge - Siemens Energy Rises Double-Digit After Upward Forecast Revision - Allianz In Demand Following Forecast Increase - Dillard's Rises After Strong Quarterly Report!

The DAX presents itself significantly weaker on the last trading day of the week, after the German benchmark index had already suffered notable losses on Thursday due to the expanding correction in the US technology sector. Following a weak opening, the DAX is once again under pressure with a decline of -0.90% on Friday afternoon. Given the weak cues from the US technology exchange Nasdaq, especially heavyweight stocks from the chip sector like Infineon and JENOPTIK are facing considerable declines at the start of trading. In contrast, Bechtle...