DAX closes 1.35 percent lower as oil and yields pressure stocks
Published on 10/07/2026 at 21:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
The DAX closed at 25,104.36 points on October 7, 2026, down 1.35 percent from the previous session. Teleborsa reported the closing level, while WELT said the index reached an intraday low of 25,038.51 points.
Oil and yields weigh on European stocks
Higher oil prices and rising global bond yields pressured European equities after the DAX had gained for three consecutive sessions. Reuters also cited widening French government bond spreads amid concerns about France's fiscal position.
The decline reversed the previous session's advance, when the DAX closed at 25,449.19 points. The market also entered the session with the Federal Reserve's meeting minutes due later on October 7, 2026.
Events scheduled for October 8
Germany's August foreign-trade data are scheduled for 8:00 a.m. CEST on October 8, 2026. The release includes exports, imports and the trade balance, with the prior month's trade surplus at EUR 21.3 billion, according to Admiral Markets.
The European Central Bank is scheduled to publish the account of its September meeting at 1:30 p.m. CEST on October 8. The document will provide details of the Governing Council's policy discussion.
