German stocks tumbled on heavy selling Thursday morning, hurt by a sharp jump in oil prices after Iran’s attacks on energy facilities in the Middle East, including the South Pars gas field.
The rise in bond yields following Federal Reserve Chair Jerome Powell’s hawkish tone on inflation, and data showing an acceleration in U.S. wholesale prices in February, also weigh on sentiment.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Market Analysis
DAX Tumbles As Oil Prices Soar Amid War Worries, Fed’s Hawkish Tone
2026-03-19 10:25:17
