DAX on Negative Note
2025-12-16 09:14
By
Luisa Carvalho
1 min. read
Frankfurt's DAX edged down 0.3% to around 24,150 on Tuesday, as market sentiment turned cautious ahead of the US jobs report, which is a crucial indicator for the Federal Reserve's monetary policy.
In the meantime, flash December PMI data pointed to sluggish private-sector activity in Germany.
Meanwhile, investors focused on the latest developments in the Ukraine talks.
US President Donald Trump said on Monday that a solution for Ukraine is now “closer” than before.
The aerospace and defence sector was hit hardest, with Rheinmetall down 4.2%, Hensoldt 2.3%, and Renk 1.2%.
Other notable decliners included Airbus, MTU Aero Engines, Infineon Technology, SAP, and Siemens, with losses ranging between 0.7% and 1.4%.