Dax Index
DAX Index is among the worst-performing indices in Europe today. It is down by more than 3%, which is worse than the FTSE 100 2.70% decline and FTSE MIB’s 2.76% decline. The only index near to the DAX is France CAC. The selloff in Europe and Asia is mostly because of the dovish statement issued by the Federal Reserve yesterday.
DAX
The DAX index rose by more than 3 per cent as the overall sentiment in the market improved. This sentiment started in the United States, where researchers at the University of Chicago found some success in treating coronavirus. They used a drug manufactured by Gilead Sciences, an American firm.
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