FX.co ★ DAX Falls for 2nd Day

The DAX 40 slipped into negative territory on Thursday, closing slightly lower at 26,292 and extending losses for a second session, though it remained near its recent record highs. Support from weaker oil prices and easing worries about interest rates was offset by lingering uncertainty surrounding the Iran conflict, which kept investor sentiment cautious. At the same time, markets continued to focus on corporate earnings as the reporting season neared its end. Among the main laggards were BASF (-2%), Mercedes-Benz Group (-1.5%), and Volkswagen (-1.3%). On the positive side, Continental led the index with a gain of about 3%. RWE advanced 2.5% after posting better-than-expected first-half profits, boosted by a compensation payment from the Netherlands and stronger energy trading, while reiterating its 2026 dividend guidance and long-term profit targets.