DAX PERFORMANCE-INDEX (^GDAXI)
| Previous close | 12,183.28 |
| Open | 12,143.21 |
| Volume |
| Day's range | 11,866.98 - 12,147.31 |
| 52-week range | 11,862.84 - 16,290.19 |
| Avg. volume | 67,286,216 |
- Yahoo Finance Video
Bank of England's tax cuts work to 'delay and complicate' inflation handling: BERI CEO
BERI (Business Environment Risk Intelligence) CEO Saruhan Hatipoglu joins Yahoo Finance Live to discuss the Bank of England's intervention in the bond markets and the new prime minister's economic plan for the UK.
- Yahoo Finance UK
Porsche makes market debut in Germany’s biggest IPO in over 25 years
Oliver Blume, the company’s chief executive, called the IPO a 'historic moment' as it looks to shift toward electric vehicles.
- Reuters
European shares tumble on corporate warnings ahead of German inflation data
The continent-wide STOXX 600 index was down 1.7% by 0759 GMT, failing to track a 2% surge on Wall Street overnight and as the boost provided by the Bank of England's emergency bond buying move fizzled out. Shares of H&M fell 4.5% after the world's second-biggest fashion retailer reported weaker-than-expected profits due to soaring input costs, slowing consumer spending and its exit from Russia. The disappointing corporate updates magnifies investors worry about a hit to earnings growth at a time when Europe is headed for a darker winter due to an ongoing energy crisis and central banks across the world tighten financial conditions to quell rampant inflation.
