FRANKFURT (dpa-AFX) – The Dax fell for the fourth time in a row on Thursday. Some pressure came from the US stock markets, where technology stocks extended their recent losses. A slide in the share price of heavyweight Siemens also weighed on the index. As expected, the European Central Bank (ECB) refrained from further easing its monetary policy in the early afternoon. As a result, it was unable to support the leading German index. The stock market barometer fell by 0.45 percent to 18,354.76 points. The MDax of mid-caps nevertheless rose by 0.22% to 25,587.44 points.
Interest rates were left unchanged by the European Central Bank despite the recent fall in inflation, after the monetary authorities had already heralded a turnaround in interest rates in the previous month. “The ECB is in no hurry to cut interest rates again,” said chief economist Ulrich Kater from Dekabank. However, things are currently looking good for the…
