DAX Futures are Getting Crushed as Germany Confirms First Case of Coronavirus, Crypto Coins News
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Germany’s DAX index plunged 2.7% on Monday, one of its worst performances in recent memory.
The benchmark index is set to continue lower after Germany confirmed its first case of coronavirus.
Germany’s foreign minister has urged citizens to avoid all but necessary travel to China.
German stocks took a beating on Monday, and the downtrend look set to continue on Tuesday as authorities in the European country confirmed their first case of coronavirus .
Berlin is already considering evacuating its citizens from China and has urged its citizens not to make any “unnecessary trips” to the country.
DAX Under Pressure
The DAX (index plunged) ) points, or 2.7%, to 50, in Monday trading. The decline pulled the benchmark index into negative territory for the year.
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