Dax continues to slide – sell-off mood on the bond markets

Dax curve

The leading German index had reached several new record highs in the last stock market year.

(Photo: Bloomberg Creative/Getty Images [M])

Dusseldorf After the significant slide in prices on Thursday, the German stock market continues to fall. The Dax was listed at 15,130 points on Friday afternoon, a drop of 1.6 percent or 240 points. The leading index already ended yesterday Thursday 1.57 percent lower.

The specifications from the USA were also bad: There was a broad sell-off on Wall Street, especially in tech stocks. For the Nasdaq 100 selection index, it was the largest percentage daily loss since September 2020 with a minus of 4.22 percent. The Dax was able to escape this with a plus at the start of trading before it quickly fell into the red.

The weakness of the Frankfurt benchmark cannot be overlooked. The stock exchanges remain extremely nervous, the downward trend since the high for the year at the beginning of January with 16,285 jobs is intact.

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