DAX Down 0.5% As Middle East Concerns Weigh
Germany’s DAX fell 0.5% to 25,702.49 as tech stocks weakened and oil rose on Middle East tensions after reports of Iranian missile strikes near the Strait of Hormuz. Brent rose to about $73.31 then eased. Siemens Energy slid 6.55% after Barclays cut its rating; Infineon fell 5.7%. Destatis said industrial production rose 0.9% m/m in May.