FX.co ★ DAX Ends in the Red

Frankfurt's DAX closed approximately 0.7% lower at 22,391 on Wednesday, reflecting a wider negative mood across Europe as investors anticipated the impending tariff plans outlined by US President Donald Trump. These reciprocal and automotive tariffs are set to be implemented immediately, although there are indications that negotiations may still be possible. The session witnessed declines across multiple sectors, with the pharmaceutical industry notably impacted as hopes for potential duty exemptions within the sector diminished. German pharmaceutical and biotechnology company Bayer was one of the poorest performers, dropping 4%. Additionally, industrial, technology, and automotive stocks experienced losses.