DAX Weakens Ahead of ECB Meeting - Chip Stocks Under Significant Pressure After Disappointing STMicro Outlook - Traton and Daimler Truck in Demand After Forecast Upgrades - FUCHS In Demand After Strong Outlook - Online Broker Flatex Raises Annual Forecast - Tesla Disappoints with Profit Drop - Rising Cloud Investments Lead to Losses for Alphabet Despite Record Earnings!
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The DAX presented a weaker performance on Thursday in light of the uncertain situation in the Middle East and significantly rising oil prices. Additionally, disappointing quarterly results from some US tech heavyweights like Tesla and an unexpectedly weak forecast from chip manufacturer STMicro weighed on the market sentiment. Consequently, the DAX was down -0.50% slightly more firmly under pressure by midday, following a weaker trading start, ahead of the ECB's interest rate decision in the afternoon. At the start of trading, shares of Daimler...
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