Business · Markets · 9 hrs ago

German stocks rebound as oil prices fall and Trump rules out Iran attacks

German stocks rebound as oil prices fall and Trump rules out Iran attacks

German stocks rose on Friday, recovering strongly from losses the day before.

The DAX, Germany’s main stock index, gained 1.13% to reach 25,087.

The MDAX rose 1.64%, and the TecDAX gained 0.33%.

Falling oil prices helped lift investor confidence.

US President Donald Trump also said he did not plan attacks on Iran before the US midterm elections.

Across the three indexes, 86 stocks rose and 19 fell.

The update gives no further information about what may happen next.

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