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tz-plus logo Trade Worries Lead to Sharp Declines in the DAX at Week's end - Friedrich Vorwerk Rises Significantly After Buy Rating From Metzler - Delta Airlines Takes off After Strong Q2 Results, Levi Strauss Surprises With Strong Earnings Increase and Outlook Adjustment!

M. Springman
Reading Time: 7 minutes

The DAX is showing significant losses by Friday noon. After a weak opening, the German benchmark index is further extending its initial losses and is currently down by -1.26% in the red. Renewed concerns about an escalation in the trade dispute between the EU and the USA are weighing on investor sentiment in the morning, especially after US President Trump threatened the EU with blanket US import tariffs of 15 to 20%. Accordingly, profit-taking is currently dominating, especially among the cyclicals that had performed well recently, with noticeable...

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