Profit-Taking Leads to Significant Declines in the DAX, Adidas and E.ON Rise Sharply Following Positive Analyst Comments, Oracle Benefits From Mega Cloud Contracts!
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The DAX presents itself on Tuesday afternoon after a cautious opening with a decrease of -0.66%, showing a bit more pressure. In anticipation of the deadline expiring on July 9 for the 90-day timeframe in the customs dispute between the US and the EU, many market participants are nervous about whether a deal will actually be reached between the EU and the US regarding the tariff issue, which is currently weighing especially on cyclicals from the automotive sector such as Mercedes-Benz (-1.5%) . More significant declines are also evident in early...
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