Ukraine war on ticker: DAX clearly in red – BioNTech with a jump in profit – Bitcoin at four-month lows – HOCHTIEF with a jump in profit – Infineon exceeds expectations – SMA Solar, Sixt in focus | news

In Frankfurt, too, things are getting worse at the start of the new week.

of the DAX it fell 0.36 percent to 13,624.92 points at the opening and is now significantly expanding its losses. of the TecDAX it lost 0.51 percent to 2,984.82 points at the start of trading and is now also deep red.

At the start of the new week, given the continuing weakness in the US stock market on Friday, prices can be seen falling again. Furthermore, the “Victory Day” celebrations over Hitler’s Germany in Moscow and the new sanctions against Russia are creating tensions among investors.

“The new week starts when the old week is over. Stock market traders continue to see red,” market observer Thomas Altmann of QC Partners told dpa-AFX. “At the moment we have risks everywhere. It is difficult to look positively towards the future.”

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European markets were significantly weaker at the start of the week.

of the Euro STOXX 50 it dropped 0.3 percent to 3,618.45 points at the start and then increased its significant minus.

Earlier this week, in addition to Vladimir Putin’s speech, the publication of Sentix’s economic sentiment is the focus of investors’ attention. The Sentix Economic Index fell in May for the third consecutive time and to its lowest level since the end of the first crown wave. The indicator provides information on the state of the economy and is one of the first mood data in the respective month.

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US stocks were weaker on Friday after the previous day’s price drop.

of the Dow Jones it opened the session with losses and in the meantime it has fallen significantly. However, it was able to limit losses by the end of trading and eventually dropped 0.29% to 32,901.08 points. of the NASDAQ composite it also significantly increased its initial losses. Sometimes he lost more than 2.5 percent and slipped below the 12,000 point mark. At the end of the session, he was still down 1.4% to 12,144.66 points.

Investors are currently facing several problems with slowing growth, rising costs and rising interest rates, according to the German news agency, market strategist Sean Darby of investment bank Jefferies explained the dilemma after a seemingly insatiable period of risk-taking. The US Federal Reserve raised interest rates by 50 basis points on Wednesday. Meanwhile, US employment rose slightly more than expected in April. “Another significant increase in new jobs: the Fed remains under pressure,” said NordLB dpa analyst Tobias Basse.

“With their measures, central banks must also accept harmful side effects on the economy in the current situation. The fight against inflation now takes priority,” said DekaBank chief economist Ulrich Kater, according to dpa. After investors reacted with relief on Wednesday that the interest rate hike had not been even higher, investors recently showed that they were once again cautious about the further effects of interest rate hikes.

As for the company, the quarterly reporting season continued. On Thursday, GoPro, Virgin Galactic, and Nikola unveiled their last quarter after hours data.

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Asian markets were finally mixed at the start of the week.

of the Nikkei was down 2.53 percent to 26,319.34 points at the close.

In mainland China, the Shanghai composite however, with a minimum gain of 0.09 percent at 3,004.14 points from trading. Negotiations were suspended in Hong Kong on Monday Hang Seng it remained at the close of Friday at 20,001.96 units.

According to dpa-AFX, concerns about a recession prompted investors to pull out of the shares.

In China, meanwhile, export growth fell to its lowest level in two years in April. Imports remained unchanged with zero growth. However, the values ​​were slightly better than the experts expected.

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