DAX Slides 0.58% as Infineon and Siemens Energy Slump
The DAX Index fell 0.58% (54 points), dragged down by steep drops in Infineon and Siemens Energy. Gains in SAP, Deutsche Boerse, and Bayer helped limit overall losses.
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Recently added · Page 1DAX Slumps 1.10% as SAP and Rheinmetall Trigger Sharp Index Pullback
Germany's DAX index dropped 288 points or 1.10% to close at 25,970 on Tuesday. The decline was heavily driven by sharp losses in SAP (-3.40%), Rheinmetall (-3.32%), and Scout24 (-2.54%).
DAX Slumps Past 1% as Rising Eurozone Inflation Sparks ECB Rate Fears
The DAX 40 dropped over 1% toward 25,980, pressured by rising Eurozone inflation of 3.3% and higher bond yields that fuel expectations of ECB rate hikes. Losses were widespread across sectors, led by…
German DAX Drops 80 Points as Volkswagen and SAP Slide
The German DAX index fell by 80 points (-0.07%), pressured by losses in key heavyweights including Volkswagen, RWE, and SAP, while Qiagen posted modest gains.