The DAX closed significantly in the red on Wednesday. According to Tagesschau, renewed hostilities in the Persian Gulf are weighing on markets. In addition, the rally in AI stocks, which had previously provided a boost, is stalling.
U.S. consumer prices rose 4.2 percent year-on-year in March. The inflation rate thus matched analysts’ expectations. Market observers described the data as “less bad than feared,” but this was unable to support prices.
Source: Tagesschau
