S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
The DAX 40 trimmed early losses to trade marginally down around 26,120 on Monday, amid weakness in technology stocks and autos. Investors cautiously awaited details on new US sanctions on Iran due later in the day, given its possible impact on inflation and interest rates across the globe. Attention also turned to the Jackson Hole symposium later this week, where Fed Chair Kevin Warsh will make his first appearance at the event and is expected to face close scrutiny over the outlook for US monetary policy. Chipmaker Infineon Technologies and AI-retaled companies such as Siemens Energy fell more than 1%, on nervousness ahead of Nvidia’s earnings. Volkswagen slipped 1.6% as CEO Oliver Blume warned that mounting pressure on the automotive sector would require further cost-cutting, including significant workforce reductions. The German carmaker is preparing for weeks of negotiations over a restructuring programme.
