The DAX closed on Wednesday down more than two percent and lost almost 600 points. The reason was statements by US President Donald Trump on Iran and Spain.
On Monday the German benchmark index had reached a record of 25,900 points. On Wednesday it then dropped sharply due to geopolitical concerns.
US President Donald Trump declared the peace plan with Iran invalid. This unsettled the markets and raised fears of a resurgence of the Iran war.
Trump also made critical remarks about Spain. The bond markets also reacted with clear movements.
