After a positive outing on Tuesday, German stocks are down in negative territory on Wednesday as selling resumed at several counters following oil prices climbing higher, rebounding from previous session's fall.
Benchmark Brent crude futures moved up over 3% and WTI contracts surged more than 4% today as the fighting in Iran continued to rage on, with the U.S. and Israel exchanging air strikes with Iran across the Middle East.
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.