Business · Markets · 4 hrs ago
Dax opens nearly unchanged above 25,000 as chip stocks fall
The Dax opened little changed at 25,207 points, remaining above the 25,000 mark in Frankfurt.
Chipmakers in the United States and Asia are under pressure, and German companies are also feeling the strain.
The start of the earnings season is a key test for stock markets in the coming weeks.
Major US banks begin reporting on Tuesday, with more results due Wednesday.
In Germany, BMW sales figures and Fraport passenger data could also move markets.
An analyst expects volatility to return, as the US bond market reopens and could bring fresh pressure from rising yields.
The Dax opened nearly unchanged at 25,207 points, holding above the 25,000-point mark.
The German benchmark index had closed just below 25,300 points on Monday.
Chipmakers in the United States and Asia were under pressure, weighing on German companies as well.
Investors were watching the start of the earnings season, with major US banks due to report quarterly results.
ActivTrades analyst Frank Sohlleder said renewed volatility could affect the Dax as the US bond market reopened.
- Who
- The Dax and German companies, including chipmakers.
- What
- The Dax opened nearly unchanged at 25,207 points, while chip stocks came under pressure.
- When
- The morning of October 13, 2026.
- Where
- Germany’s stock market.
- Why
- Chipmakers in the United States and Asia were under pressure. Investors were also watching the start of the earnings season and the reopening of the US bond market.
This story does not have two clearly opposing sides.
The Dax ended just below 25,300 points.
The Dax opened at 25,207 points, nearly unchanged and above 25,000.
Goldman Sachs, JP Morgan, Citigroup and Wells Fargo are due to report third-quarter results.
Morgan Stanley and Bank of America are due to report results.
- Dax opening level
- 25,207 points
- Dax threshold
- Above 25,000 points
- Previous close
- Just below 25,300 points on Monday
- US bank reports
- Goldman Sachs, JP Morgan, Citigroup and Wells Fargo on Tuesday
- Wednesday reports
- Morgan Stanley and Bank of America
What people are saying
Mit der Öffnung des US-Anleihemarktes droht unvermittelt neuer Renditedruck, der die Ruhe durch den gestrigen US-Feiertag („Columbus Day“) abrupt beenden könnte.
Sources
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