Stocks Fall as DAX Sinks 4% in 15 Minutes; Dollar Index Surges

Stocks retreated as panic selling pushed Germany’s DAX Index down 4 percent in 15 minutes amid speculation that Germany’s public finances are deteriorating and that regulators may impose restrictions on the market. The dollar and Treasuries advanced, while oil fell and Bank of America Corp. shares surged.

Stocks Retreat as DAX Sinks 4% in 15 Minutes; Euro Erases Gains

U.S. and European stocks retreated, with Germany’s DAX Index sinking 4 percent in about 15 minutes, as the euro erased gains and Treasuries advanced. Oil fell, and Bank of America Corp. shares surged.

Germany’s DAX 30 index falls 2.3%; BASF down 4.7%

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Germany’s DAX 30 index gains 1.2% to 5,747.7

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German DAX 30 index up 0.9% at 5,584.39

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German DAX 30 index up 1% at 5,529.57

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German DAX 30 index down 1.3% at 5,410.64

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European Stocks Seen Falling as Gold Hits New High

[at CNBC] – European stocks are expected to open lower on Monday following heavy selling of equities on Thursday and Friday of last week.

VW’s volumes jump in July, no sign growth ending

[Reuters] – Volkswagen increased vehicle sales in July sharply and said it remained on track for further growth, signaling that economic weakness has so far not had a material impact on its business.

Europe Shares to Open Lower as Debt Fears Persist

[at CNBC] – European stocks were expected to open lower on Friday after plunging to their biggest daily fall since March 2009 on Thursday amid renewed fears over funding for banks in Europe and concerns that the US recovery is stalling.