DAX 40 Dips as Investors Await Fed Decision
2026-01-28 15:23
By
Joana Ferreira
1 min. read
Frankfurt’s DAX 40 reversed early gains to trade 0.1% lower at 24,870 points on Wednesday, as investors grew cautious ahead of the US Federal Reserve’s policy decision later today, seeking clues on the timing of future rate cuts.
Bayer was among the biggest decliners, falling over 3% after a recent rally, though it remains the DAX’s best-performing stock this year with a nearly 23% gain, as investors hope for a resolution to the prolonged US glyphosate litigation.
Deutsche Bank slipped nearly 2% after Der Spiegel reported police searches at its Frankfurt and Berlin offices over suspected money laundering.
Meanwhile, tech shares advanced, with Infineon up almost 3% and SAP rising 1%, supported by a strong quarterly report and an optimistic outlook from semiconductor equipment supplier ASML.