DAX Trades Lower

2026-06-03 07:51 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 fell 0.8% to around 24,900 on Wednesday, pressured by geopolitical uncertainty and the return of President Trump’s trade policy rhetoric.

Reports of intense clashes between the US and Iran raised concerns over the fragile ceasefire, pushing oil prices higher.

At the same time, the US administration on Tuesday proposed imposing additional tariffs of 10%–12.5% on imports from 60 economies, including the EU and the UK, over alleged links to goods produced with forced labour, potentially reopening trade tensions.

Energy-sensitive airlines came under pressure, with Lufthansa down around 1%.

Banks also moved lower, as Deutsche Bank and Commerzbank dropped 2.8% and 1.1%, respectively.

Automakers, including BMW (-2%), Mercedes-Benz Group (-2%) and Volkswagen (-1.9%) slipped on concerns they could be targeted by fresh tariffs.

Also, the AI-led rally that had boosted IT and chip stocks showed signs of fading, with Infineon Technologies falling 1.5% while SAP gained 0.3%.



News Stream
DAX Trades Lower
Frankfurt's DAX 40 fell 0.8% to around 24,900 on Wednesday, pressured by geopolitical uncertainty and the return of President Trump’s trade policy rhetoric. Reports of intense clashes between the US and Iran raised concerns over the fragile ceasefire, pushing oil prices higher. At the same time, the US administration on Tuesday proposed imposing additional tariffs of 10%–12.5% on imports from 60 economies, including the EU and the UK, over alleged links to goods produced with forced labour, potentially reopening trade tensions. Energy-sensitive airlines came under pressure, with Lufthansa down around 1%. Banks also moved lower, as Deutsche Bank and Commerzbank dropped 2.8% and 1.1%, respectively. Automakers, including BMW (-2%), Mercedes-Benz Group (-2%) and Volkswagen (-1.9%) slipped on concerns they could be targeted by fresh tariffs. Also, the AI-led rally that had boosted IT and chip stocks showed signs of fading, with Infineon Technologies falling 1.5% while SAP gained 0.3%.
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