Despite coming off early lows, the German market remained in negative territory a little before noon on Wednesday, weighed down by sharp losses in auto stocks.
The mood in the market remained cautious with investors looking ahead to the U.S. Federal Reserve’s monetary policy announcement due later in the day, and the signing of a Iran peace deal in Switzerland later this week.
The benchmark DAX was down 37.73 points or 0.16% at 24,876.91 about half an hour before noon, after having dropped to 24,760.72 earlier.
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DAX Modestly Lower In Cautious Trade; BMW Down Sharply After Lowering Outlook
2026-06-17 09:41:12
