Categories: Business

Frankfurt Stock Exchange: Dax under pressure – Corona concerns dominate

The Corona crisis has again brought the German stock market under a slightly stronger control. The benchmark Dax index fell 1.52 per cent to 10,654.55 points in early trading on Wednesday, further away from the 11,000-point mark already unsuccessfully tested.

The Corona crisis has again brought the German stock market under a slightly stronger control. The benchmark Dax index fell 1.52 per cent to 10,654.55 points in early trading on Wednesday, further away from the 11,000-point mark already unsuccessfully tested.

The Dow Jones industrial average fell 0.74 percent to 23,644.77 points. The euro zone’s benchmark EuroStoxx 50 index lost 1.4 percent.

The night before, prominent US immunologist and government adviser Anthony Fauci had warned of an excessively rapid return to normality. “This could have really serious consequences,” Fauci said in a Senate video hearing. The expert’s statements had already put a big damper on Wall Street on Tuesday.

Meanwhile, given the devastating economic consequences of the pandemic, US President Donald Trump is pushing ahead with easing. On top of that, the trade dispute between the US and China is again present.

Matthew Velter

With 5 years of experience as an editor, Matthew has been a crucial part of eTrendy Stock since its inception. He looks after the editing of news content published on eTrendy Stock. Apart from investing his time in editing, he also provides well-researched news articles for the U.S. niche. Mathew studied at University of central Florida.

Recent Posts

ZEREBRO Price Collapses 40% in Just 3 Hours: Market Cap Tanks to $45 Million

Zerebro, one of the largest AI projects, has seen its price dropped sharply today, going…

8 hours ago

Ethereum Price Prediction: Can ETH Sustain Its Bullish Momentum as Price Surges 15%?

Ethereum is back in the spotlight, not for explosive price action, although it has made…

20 hours ago

Ajman Bank Successfully Prices USD 500 million Inaugural 5 Year Sukuk

Ajman, UAE, 25th April 2025, Ajman Bank P.J.S.C. (“Ajman Bank” or “the Bank”), the first Islamic…

1 day ago

The Rise of Autonomous Finance: How 9M is turning AI into a fully operational investment system

The Rise of Autonomous Finance: How 9M is turning AI into a fully operational investment…

1 day ago

Echo Launches Real Unique Tokenomics with Real Yield in USDC

Douglas, Isle of Man, 25th April 2025, ZEX PR WIRE, Echo is about to launch…

1 day ago

World of Dypians Wins $450K in BNB Chain’s Support Program and Announces Monumental New Features

Tortola, BVI, 25th April 2025, ZEX PR WIRE, World of Dypians (WoD), a highly immersive…

1 day ago