Business · Markets · 9 hrs ago
DAX falls 0.85% after four days of gains
Germany’s DAX fell 0.85% on Friday, closing at 25,818 points after rising for four straight trading days.
The index still gained about 2.5% over the week, helped in part by the European Central Bank and US Federal Reserve keeping interest rates unchanged.
Higher oil prices and weak US technology shares weighed on the market at the end of the week.
Oil prices reached their highest level since April amid fears of renewed US military action against Iran and growing doubts about a diplomatic solution.
German inflation fell to 2.8% in October, below economists’ expectations of 3%, though high energy costs remain a concern.
Investors are also questioning whether major technology companies will earn enough to justify their large spending on artificial intelligence.
The sources give no specific next step for the DAX, while further conflict-related oil price rises and concerns about tech investment remain risks.
The DAX fell 0.85% on Friday to 25,818.21 points, ending a four-day run of gains.
Higher oil prices and weakness in technology stocks weighed on the German market.
The index still gained 2.5% over the week and 2.5% in October.
The MDAX fell 1.06% to 30,472.32 points.
German inflation eased to 2.8% in October from 3.3% in September.
- Who
- The DAX, Germany’s leading share index, fell.
- What
- It closed down 0.85% at 25,818.21 points.
- When
- Friday, 30 October 2026.
- Where
- The Frankfurt stock market.
- Why
- Higher oil prices and weak technology-sector signals from the United States and Asia weighed on shares.
This story does not have two clearly opposing sides.
The DAX rose 1.3% to 26,039 points.
The DAX fell 0.85% to 25,818.21 points after four consecutive days of gains.
- DAX close
- 25,818.21 points
- DAX daily change
- Down 0.85%
- DAX weekly change
- Up 2.5%
- MDAX close
- 30,472.32 points
- German inflation in October
- 2.8%, down from 3.3% in September
2 sources
What people are saying
At the end of the week, the air is getting thinner for buyers.
The ongoing military operations around the Strait of Hormuz are keeping oil prices high.
The fact that inflation has fallen below the 3 percent mark is mainly due to the fuel rebate.