DAX Snaps 2-Day Gain

2026-06-26 08:10 By Luisa Carvalho 1 min. read

The DAX 40 fell about 0.6% to around 24,800 on Friday, pausing a two-day rally amid renewed AI concerns.

Sentiment was hit by reports that Apple and Microsoft may raise prices due to higher memory chip costs, alongside a possible delay to OpenAI’s public debut.

These worries weighed heavily on the tech sector, with Infineon Technologies falling 2.6% and SAP down 0.4%.

Retailers also faced significant pressure, led by Zalando, which fell more than 6% after BaFin launched an audit of its consolidated financial statements and related management report, citing concrete evidence of accounting violations.

On the opposite side, Beiersdorf (0.9%), Volkswagen (0.7%) and Henkel AG & Co (0.7%) advanced the most.

For the week, the index was set to fall about 0.6%.



News Stream
DAX Snaps 2-Day Gain
The DAX 40 fell about 0.6% to around 24,800 on Friday, pausing a two-day rally amid renewed AI concerns. Sentiment was hit by reports that Apple and Microsoft may raise prices due to higher memory chip costs, alongside a possible delay to OpenAI’s public debut. These worries weighed heavily on the tech sector, with Infineon Technologies falling 2.6% and SAP down 0.4%. Retailers also faced significant pressure, led by Zalando, which fell more than 6% after BaFin launched an audit of its consolidated financial statements and related management report, citing concrete evidence of accounting violations. On the opposite side, Beiersdorf (0.9%), Volkswagen (0.7%) and Henkel AG & Co (0.7%) advanced the most. For the week, the index was set to fall about 0.6%.
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