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 1.7 percent in trading and falls below the psychologically important mark of 16,000 points. The leading index was last listed at 15,873 points. He loses more than 250 points and is heading for the third day of losses in a row.
The specifications from the USA were weak. Worries about the US debt ceiling negotiations pushed Wall Street into the red on Tuesday. 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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