DAX Down for 4th Day

2026-02-06 08:56 By Luisa Carvalho 1 min. read

Frankfurt’s DAX 40 traded flat to lower around 24,470 on Friday, heading for a fourth consecutive day of losses, reflecting subdued sentiment across European markets amid mixed corporate earnings and lingering concerns over AI-related risks.

Traders also continued to digest ECB President Lagarde’s remarks following Thursday’s policy decision, in which she dampened speculation of rate cuts in response to the euro's strength.

On the data front, Germany’s industrial production contracted more sharply than anticipated in December, snapping a three-month run of growth.

Sector-wise, healthcare and consumer cyclicals saw the biggest declines.

Among stocks, Siemens Healthineers led losses, down 4.2%, followed by Zalando (-3.3%), Volkswagen (-2.3%) and SAP (-2%).

On the flip side, top performers included Siemens Energy (2%), Rheinmetall (1.7%) and Deutsche Bank (1.2%).

For the week, the index is set to decline by 0.3%.



News Stream
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