DAX Closes Deeply in the Red

2026-05-15 16:16 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 fell further to close about 2.1% lower at 23,951 on Friday, halting a two-day rally, underperforming its European peers.

Market sentiment was dented by stalled progress on the Iran conflict and inflation fears, alongside risks of renewed military escalation.

US President Trump threatened Tehran again, saying he would not be patient much longer.

Moreover, investors were disappointed by the lack of concrete results from the long-awaited Trump-Xi summit in China, particularly on trade and the Iran issue.

Among the biggest losers were tech stocks, which had gained considerable ground in recent days due to the ongoing AI boom.

Infineon shares fell by more than 4%.

Energy-sensitive industrials also saw pressure, with Siemens and Siemens Energy down 5.5% and 4.4%, respectively.

On the flip side, SAP and Munchener Ruck led gains, each rising more than 1%.

For the week, the DAX lost about 1.6%.



News Stream
DAX Closes Deeply in the Red
Frankfurt's DAX 40 fell further to close about 2.1% lower at 23,951 on Friday, halting a two-day rally, underperforming its European peers. Market sentiment was dented by stalled progress on the Iran conflict and inflation fears, alongside risks of renewed military escalation. US President Trump threatened Tehran again, saying he would not be patient much longer. Moreover, investors were disappointed by the lack of concrete results from the long-awaited Trump-Xi summit in China, particularly on trade and the Iran issue. Among the biggest losers were tech stocks, which had gained considerable ground in recent days due to the ongoing AI boom. Infineon shares fell by more than 4%. Energy-sensitive industrials also saw pressure, with Siemens and Siemens Energy down 5.5% and 4.4%, respectively. On the flip side, SAP and Munchener Ruck led gains, each rising more than 1%. For the week, the DAX lost about 1.6%.
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Frankfurt’s DAX 40 fell about 0.8% to trade below 24,300 on Friday, halting a two-day advance and tracking broader European weakness. Oil prices continued to rise amid stalled US-Iran talks and ongoing disruptions in the Strait of Hormuz, keeping inflation and growth concerns alive. Fears are also mounting that the US could resume strikes on Iran after Trump’s return from China, as he signaled a tougher stance and urged Tehran to reach a deal with Washington. Meanwhile, investors were disappointed by the lack of concrete results from the second day of talks between President Trump and Chinese President Xi Jinping, particularly on trade. Most sectors are in negative territory, with tech among the weakest. Chipmakers are under particular pressure amid profit-taking and growth concerns following recent gains. Infineon Technologies slipped 5.3%, while Siemens is down 2.5%. Heidelberg Materials, Siemens Energy, Merck and Scout24 also recorded steep losses, falling between 1.9% and 2.7%.
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