Frankfurt stock market opening: Further losses – Middle East war dampens mood

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FRANKFURT (dpa-AFX) – Fears of an escalation of the war in the Middle East continue to have a firm grip on the German stock market. The most important indices fell again on Thursday.

The DAX fell 0.6 percent to 23,188 points, reaching the level it had at the beginning of May. The MDAX, which tracks mid-cap stocks, fell 0.8 percent to 29,453 points. The Euro Stoxx 50, the leading index for the eurozone, lost 0.7 percent.

The Israeli military says it has attacked Iran again. The armed forces reported that targets in the capital Tehran and other areas of the country had been hit. Among other things, a heavy water reactor near Arak is said to have been attacked. According to Israeli military sources, Iran had previously fired several missiles at Israel.

According to a trader, US President Donald Trump appears more open to the idea of US involvement in the Middle East war than before. What may still be holding him…

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