The DAX fell by 2.33 percent to 15,065.73 points when it opened on Monday. The stock market barometer is currently falling 3.07 percent to 14,951.01 points (low for the day: 14,844.10) and is thus slipping below the psychologically important mark of 15,000 index units.
A feared Russian invasion of the neighboring country sent prices on the US stock markets plummeting on Friday. The United States had recently issued urgent warnings, which US President Joe Biden’s security adviser, Jake Sullivan, explained again to CNN on Sunday. In the past ten days or so, Russian troop build-up has accelerated and Russian forces have advanced closer to the border with Ukraine, from where they could very quickly launch a military traction. Sullivan again warned that an invasion of Ukraine could begin at any time.
No relaxation in the Ukraine crisis
“There is no relief in the Ukraine conflict in sight,” said Commerzbank’s financial market experts in the morning. With the conflict, a second stress factor is growing, after concerns about interest rates in particular had recently spread among investors. In Asia, too, there were mostly stronger price losses on Monday.
Editorial office finanzen.net / dpa-AFX
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