FRANKFURT (dpa-AFX) – The Dax, which hit a record high on Friday, started the week under strong pressure. The German benchmark index fell 1.01 percent to 21,178.18 points in early trading on Monday. Stock market participants spoke of the sharp losses looming on highly valued technology stocks in the United States. In the background is the debate over Chinese artificial intelligence start-up DeepSeek, which has successfully competed with established companies in the field of artificial intelligence. There, chip industry stocks fell.
Friday morning, the Dax reached a new high at 21,520 points. After an increase of more than 8% at the start of the year, the stock market barometer has lost its strength.
In the second series of German stock markets, the mid-cap MDax fell 0.73% on Monday, to 25,919.12 points. The EuroStoxx 50 lost 1.1% /la/mis.
Swiss