DAX slips as focus shifts to revenue

German stocks fell on Monday as concerns over inflation and high interest rates weighed on sentiment.

Investors have also been waiting for clues from the next earnings season to assess the impact of supply chain disruptions and rising costs.

The US earnings season begins this week, with JP Morgan reporting Wednesday, followed by BofA, Morgan Stanley, Citigroup on Thursday and Goldman on Friday.

Benchmark DAX fell 32 points (0.2%) to 15,173 after falling 0.3% on Friday.

LEG Immobilien’s stake fell about 1% after the company signed an intention to buy about 15,500 homes in the Adler Group. Real estate investor Adler Group shares fell 2.8%.

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DAX slips as focus shifts to revenue

Source link DAX slips as focus shifts to revenue

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