DAX Closes Marginally Lower
2025-12-10 17:04
By
Luisa Carvalho
1 min. read
Frankfurt's DAX closed marginally down at 24,130 on Wednesday, halting four consecutive sessions of advances, on profit-booking as investors grew cautious ahead of the Fed's policy decision and Powell's remarks.
The US central bank faces a tough decision on whether to cut rates for a third time in 2025 or hold them amid economic uncertainty, though traders remain confident of a 25 bps reduction.
Tech stocks headed the losses, tracking US peers, with Infineon Technologies (-2.4%) and Siemens (-0.9%) dragging on the sector.
Other top decliners included Siemens Healthineers (-2.2%), Deutsche Borse (-2%) and Rheinmetall (-1.8%).
On the upside, Siemens Energy (+4.4%) outperformed, following an optimistic revenue forecast from its US counterpart, GE Vernova.