Dusseldorf The German share index has risen sharply since the beginning of the year – and a few days ago the most important German stock market barometer even reached a new record high. But the leading German index has not been able to keep up this momentum so far this week.
Today, Wednesday, the Dax loses around two percent and falls below the psychologically important mark of 16,000 points. The leading index was last listed at 15,838 points. He loses more than 300 points and is heading for the third day of losses in a row.
The US stock markets also opened weak on Wednesday. Concerns about the US debt ceiling negotiations are getting on the nerves of investors. The most recent summit meeting between President Joe Biden and Republican negotiator Kevin McCarthy ended without a result.
>> Read also: These concrete consequences threaten the economy and the markets in the event of a US default
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