DAX at Near 3-Week Low

2026-06-08 07:55 By Luisa Carvalho 1 min. read

The DAX 40 fell about 1% to near 24,500 on Monday, the lowest since May 19, as traders weighed the renewed escalation of the conflict between Iran and Israel and a fresh spike in oil prices.

Both countries exchanged missile strikes over the weekend, despite media reports that US President Donald Trump urged Israeli Prime Minister Benjamin Netanyahu to refrain from retaliating against the latest Iranian attacks.

Most sectors recorded losses.

Travel stocks such as TUI and Lufthansa dropped 2.4% and 1.4%, respectively.

Other top decliners included Vonovia, Zalando, Airbus, Heidelberg Materials, MTU Aero Engines, Continental and Siemens, with losses of over 2% each.

On the upside, Infineon Technologies reversed early losses to lead the index, rising 1.7%.

Porsche Automobil and RWE also posted modest gains, rising 0.8% and 0.6%, respectively.



News Stream
DAX at Near 3-Week Low
The DAX 40 fell about 1% to near 24,500 on Monday, the lowest since May 19, as traders weighed the renewed escalation of the conflict between Iran and Israel and a fresh spike in oil prices. Both countries exchanged missile strikes over the weekend, despite media reports that US President Donald Trump urged Israeli Prime Minister Benjamin Netanyahu to refrain from retaliating against the latest Iranian attacks. Most sectors recorded losses. Travel stocks such as TUI and Lufthansa dropped 2.4% and 1.4%, respectively. Other top decliners included Vonovia, Zalando, Airbus, Heidelberg Materials, MTU Aero Engines, Continental and Siemens, with losses of over 2% each. On the upside, Infineon Technologies reversed early losses to lead the index, rising 1.7%. Porsche Automobil and RWE also posted modest gains, rising 0.8% and 0.6%, respectively.
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