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The Dax fell again on Thursday. In early trading, the main German index hit another low since March after recovering the previous day. Most recently, it lost 1.84% to 13,238 points. The MDax lost 2.18% to 27.178 points. The Eurozone’s leading EuroStoxx 50 index fell 1.7%. Nervousness remains high, intermediate price hikes are quickly used for sales.
The Fed had raised US interest rates by 0.75 percentage points the night before, a little more than most pundits initially expected. But some had thought even more possible than this, the biggest rate hike since 1994. The Fed is fighting the highest inflation of the last 40 years. Central Bank President Jerome Powell is trying to balance a consistent tightening of monetary policy and calm the markets. In New York the exchanges reacted very positively, in Asia the trading centers reported losses on Thursday.
Online fashion retailers took center stage following Asos’ bearish forecast
The changes to the index have displaced the shares of the companies concerned. Shares of wind turbine manufacturer Nordex
SMA solar technology
onvista / dpa-AFX