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Market Impact: 0.4

DAX Down 0.5% As Middle East Concerns Weigh

Geopolitics & WarEnergy Markets & PricesMarket Technicals & Flows

The DAX drifted lower as the tech sector weakened and oil prices rose, with Middle East tensions spiking after reports that commercial vehicles were struck by Iranian missiles near the Strait of Hormuz. The higher energy-cost impulse and risk-off sentiment weighed on equities, limiting upside into the session.

Analysis

The DAX drifted lower as the tech sector weakened and oil prices rose, with Middle East tensions spiking after reports that commercial vehicles were struck by Iranian missiles near the Strait of Hormuz. The higher energy-cost impulse and risk-off sentiment weighed on equities, limiting upside into the session.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

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