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FX.co ★ DAX Down for 5th Day

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typeContent_19130:::2025-07-16T07:51:49

DAX Down for 5th Day

On Wednesday, Frankfurt's DAX saw a decline towards the 24,000 threshold, poised for its fifth consecutive day of downturns as investors assessed new threats of tariffs and lackluster corporate reports, notably from ASML and Renault. President Donald Trump indicated on Tuesday the potential imposition of tariffs on pharmaceuticals by the month's end, with possible levies on semiconductors shortly thereafter. Among the stocks experiencing declines, Infineon Technologies fell by 1.6%, with Daimler Truck Holding, Volkswagen, Siemens Energy, Vonovia, and Porsche AG closely following. Conversely, Munchener Ruck shares rose by 1.1%, and Zalando enjoyed a 0.8% increase.

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