The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange extended losses on Thursday amidst a fresh round of hostilities between the U.S. and Iran on the issue of transit through the Strait of Hormuz.
The DAX benchmark has declined 1.1 percent to trade at 24,407.14 versus 24,671.54 at the previous close. The day's trading ranged between a high of 24,514.80 and a low of 24,384.75.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.