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 falls below the psychologically important mark of 16,000 points. At the close of trading, the leading index was at 15,842 points – a drop of 1.9 percent. He loses more than 300 points compared to the previous day’s close – 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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