DAX Suffers Worst Day in Over a Month
2025-11-18 16:41
By
Luisa Carvalho
1 min. read
Germany's DAX extended early losses to close about 1.7% weaker at five-month lows of 23,173 on Tuesday, marking the biggest daily decline since October 17.
Global market sentiment was dampened by fears surrounding high tech valuations and uncertainty about the Fed's monetary policy, while traders awaited Nvidia's earnings and key US data due later this week.
Almost all sectors saw declines, particularly technology companies and banks.
Siemens Energy was the biggest laggard, down 6.4%, along with Infineon Technologies (-4.1%) and Siemens (-2.2%).
Lenders Commerzbank and Deutsche Bank shed 4.3% and 4.1%, respectively.
Auto stocks and pharma companies also faced strong pressure.
Meanwhile, Deutsche Börse stood out with a 2.8% gain after announcing plans to integrate Société Générale’s stablecoins into its settlement infrastructure, marking one of the most significant steps to date towards the regulated adoption of stablecoins within the core financial infrastructure.