DAX Falls to 5-Month Lows
2025-11-18 08:42
By
Luisa Carvalho
1 min. read
Germany's DAX was down for a fourth straight session on Tuesday, falling over 1% to around 23,250, the lowest since June, in line with its European and global peers.
Risk sentiment increased amid growing concerns over lofty valuations of AI-related stocks ahead of Nvidia's quarterly results.
At the same time, uncertainty surrounds the Federal Reserve’s next moves, since the prolonged shutdown has left it without extensive macroeconomic data, thereby complicating decision-making.
Almost all sectors were in the red, led by banks, with Deutsche Bank down 3.5%.
Infineon Technologies and SAP followed, down 3.5% and 1.5%, respectively, while industrial technology and energy company Siemens Energy saw losses of around 3%.
Auto stocks and pharma companies also faced pressure.
Among the few gainers, Rheinmetall surged almost 4% after raising its 2030 sales outlook to about €50 billion, alongside a new corporate structure and new strategy for its US business.