Germany’s DAX Set to Enter Bear Market in Worst Day Since 2016

Germany’s DAX Set to Enter Bear Market in Worst Day Since 2016

(Bloomberg) -- Germany’s DAX index tumbles as much as 8.2% early on Monday. The benchmark is set to enter a bear market amid drastic coronavirus containment measures in Italy and a crash in oil markets.

The prime equity gauge for Europe’s biggest economy has fallen 23% since a record high on Feb. 19.

©2020 Bloomberg L.P.

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