Middle East Crisis and Rising Oil Prices Continue to Cause Losses - KION Gains Significantly After Citigroup Upgrade - Nordex Continues Upward Movement After Citigroup Upgrade - DWS Group Firm After Jefferies Price Target Increase - Apple Before New iPhone Release!
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Rising oil prices are also causing more substantial losses for the DAX on Tuesday. After a stable trading opening initially, the German benchmark index had to take more significant reductions throughout the day after prices for Brent Crude Oil rose by more than 3% following attacks by Houthi rebels on refinery sites in Saudi Arabia. At noon, the DAX is down by -0.45% and is significantly below the 26,000 point mark. One of the strongest performers on the floor is particularly KION (+6.6%) , after Citigroup raised its rating to "Buy" and set a...
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