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19.04.2024 10:45:51 - dpa-AFX: DAX Edges Lower On Mideast Escalation Fears
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks traded notably lower on
Friday as investors reacted to hawkish comments from Federal Reserve officials
and signs of escalating tensions in the Middle East, with Iran downplaying
Israel's retaliatory attack.
In economic releases, Germany's producer prices continued to decline in March,
though at the slowest pace in nine months, data published by Destatis showed.
Producer prices registered an annual decrease of 2.9 percent after declining 4.1
percent in January. Prices have been falling since July 2023.
The overall decline in March was largely due to lower energy prices, which fell
7.0 percent from last year.
Month-on-month, producer prices rebounded 0.2 percent in March, after a 0.4
percent decrease in February.
The benchmark DAX was down 144 points, or 0.8 percent, at 17,693 after rising
0.4 percent in the previous session.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
Friday as investors reacted to hawkish comments from Federal Reserve officials
and signs of escalating tensions in the Middle East, with Iran downplaying
Israel's retaliatory attack.
In economic releases, Germany's producer prices continued to decline in March,
though at the slowest pace in nine months, data published by Destatis showed.
Producer prices registered an annual decrease of 2.9 percent after declining 4.1
percent in January. Prices have been falling since July 2023.
The overall decline in March was largely due to lower energy prices, which fell
7.0 percent from last year.
Month-on-month, producer prices rebounded 0.2 percent in March, after a 0.4
percent decrease in February.
The benchmark DAX was down 144 points, or 0.8 percent, at 17,693 after rising
0.4 percent in the previous session.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
CAC 40 | 969400 | Paris | 7.914,65 | 02.05.24 18:05:02 | -70,28 | -0,88% | - | - | 7.954,01 | 7.984,93 |
|
FTSE 100 | 969378 | Financial Times SE | 8.172,15 | 02.05.24 17:35:29 | +50,91 | +0,63% | - | - | 8.121,24 | - |
|
DAX ® | 846900 | Xetra | 17.896,50 | 02.05.24 17:50:00 | -35,67 | -0,20% | - | - | 17.935,78 | 17.932,17 |
|
E-STOXX 50 ® | 965814 | STOXX Ltd. | 4.890,61 | 02.05.24 17:50:00 | -30,61 | -0,62% | 0,000 | - | 4.907,33 | 4.921,22 |
