(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.
To contact the reporter on this story: Jan-Patrick Barnert in Frankfurt at jbarnert3@bloomberg.net
To contact the editors responsible for this story: Beth Mellor at bmellor@bloomberg.net, Lukas Strobl