Luxury carmaker Porsche to drop out of Germany’s DAX index as U.S. tariffs bite

Luxury carmaker Porsche will soon drop out of Germany's blue-chip DAX index following a protracted share price slump, as U.S. tariffs take their toll on the European auto industry. In a Wednesday statement, STOXX Ltd said that Porsche would exit the DAX on Sept. 22 as part of a regular reshuffle…
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