Germany’s blue-chip Dax stock index moved further into correction territory on Tuesday, as jitters about the future of cash-strapped Greece took a bite out of its stellar performance this year.
The Dax was down almost 1 percent at 10,956 in Europe on Tuesday, having tumbled more than 11 percent from a high hit above 12,000 in April. On Monday, the stock index marked a 10 percent decline from its April peak – putting it technically into correction territory.
via CNBC
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