(Bloomberg) -- Germany's benchmark DAX Index fell
for a third day, led by banking stocks on speculation increasing
borrowing costs will hurt corporate earnings. Shares of
DaimlerChrysler AG also dropped.
The DAX lost 88.79, or 1.1 percent, to 7860.84 at 2:55 p.m.
in Frankfurt. DAX futures expiring in September slid 1.1 percent
to 7939. The HDAX Index of the country's 110 biggest companies
decreased 1.1 percent.
Read more at Bloomberg Stocks News
for a third day, led by banking stocks on speculation increasing
borrowing costs will hurt corporate earnings. Shares of
DaimlerChrysler AG also dropped.
The DAX lost 88.79, or 1.1 percent, to 7860.84 at 2:55 p.m.
in Frankfurt. DAX futures expiring in September slid 1.1 percent
to 7939. The HDAX Index of the country's 110 biggest companies
decreased 1.1 percent.
Read more at Bloomberg Stocks News
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