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.
For comments and feedback contact: editorial@rttnews.com
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.