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 fell 0.3% to around 25,900, hovering at one-month lows and marking the third session of losses. The continued escalation in attacks between the US and Iran put further upward pressure on oil prices, stoking inflation concerns and increasing expectations of tighter monetary policy. European bonds also extended their sell-off, with government bond yields moving higher. Automotive stocks, energy-sensitive industrials and retailers faced heavy selling pressure. Volkswagen was among the top losers, falling 2.1% after news that it will be removed from the Euro Stoxx 50 index on September 21. The automaker’s shares have fallen nearly 27% so far this year amid growing Chinese competition and an ongoing restructuring. BMW and Mercedes-Benz Group also declined more than 1% each.
