FX.co ★ DAX Falls for 2nd Day

The DAX 40 slipped 0.3% to around 24,900 on Thursday, extending the previous session’s losses as investors digested a fresh round of earnings and corporate news against a backdrop of ongoing tensions in the Middle East. Market sentiment was further pressured by reports that US President Donald Trump is weighing an expansion of military operations against Iran following a series of briefings with his closest advisers.

Technology stocks remained under pressure, with chipmaker Infineon Technologies down 1.8% and AI infrastructure-exposed Siemens Energy losing 1.3%, ranking among the index’s worst performers.

Beyond the blue-chip benchmark, Delivery Hero surrendered early gains to trade more than 1% lower after Uber Technologies announced a €12.7 billion ($14.8 billion) takeover bid, valuing Delivery Hero at €41.50 per share in cash. The offer has received unanimous approval from both Delivery Hero’s management and supervisory boards.