DAX tumbles as oil prices soar amid war worries, Fed's hawkish tone

NAMPA / DPA
2026-03-19
Brussels/Paris/Frankfurt (dpa-AFX) - 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 US wholesale prices in February, also weigh on sentiment. After leaving interest rates......
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