Germany’s equity benchmark DAX tumbled on Tuesday, led by those from the tech sector following a strong bout of profit taking in the sector on Wall Street on Monday.
Weak German Services PMI data, and uncertainty about US-Israel peace pact amid conflicting reports over Iran nuclear monitoring weighed on sentiment.
The DAX was down 325.59 points or 1.3% at 24,814.10 a few minutes ago.
Siemens Energy fell 5.5%. Shares of global infrastructure solutions provider Hochtief dropped 5.2%. Infineon Technologies drifted lower by about 5.1%.
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Market Analysis
DAX Down Sharply On Weak PMI Data
2026-06-23 10:02:44
