FX.co ★ DAX at Over 1-Month Low

Germany's DAX index declined by over 1.5% on Tuesday, reaching approximately 23,750—a level not experienced since late September. This retracement reversed the modest gains from the previous session and occurred against the backdrop of a global market characterized by cautiousness. The mixed corporate earnings reports, along with waning enthusiasm for artificial intelligence, have dampened investors' willingness to take risks. As a result, all sectors saw declines. The most significant drop was observed in Fresenius Medical Care, which plummeted nearly 6%. Despite reporting unexpectedly robust revenue and earnings for the third quarter, the company's key US business continued to experience sluggish growth.