Middle East Conflict Drives DAX Sharply Down - Fielmann Posts Significant Gains After Deutsche Bank Report - Adidas Steadies After RBC Price Target Increase - Schaeffler in Focus Following Citigroup Buy Rating - Heidelberger Druck Surprises with Optimistic Margin Outlook - J.M. Smucker Celebrates Strong Numbers with Stock Surge!
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The DAX is coming under more pressure midweek after weak signals from the US leading indices. In addition to dismal cues from the US technology sector, concerns about a renewed escalation in the Middle East conflict are weighing heavily on sentiment after the US struck targets in Iran again yesterday. Following a restrained opening, the DAX had to widen its losses and is currently trading at lunchtime down by -1.1% . Currently, significant gains are mostly noted in Fielmann (+7%) , after Deutsche Bank took an optimistic stance on the future prospects...
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