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The DAX 40 closed about 1.3% down at 24,812 on Wednesday, reversing yesterday's advance, amid fading hopes of a quick resolution to the Middle East conflict and possible new tariffs from the Trump administration. Hostilities flared up, while conflicting signals over the status of negotiations kept investors on edge. Meanwhile, the US administration vowed to impose a 10%-12.5% tariff on its top trading partners, including the EU and the UK, over alleged links to goods produced with forced labour. Scout24 and SAP were the top losers among stocks, falling 5% and 4.3%. Deutsche Bank dropped 3.7% after CFO Raja Akram signalled that provisions for bad loans in the June quarter could exceed analysts’ expectations.

DAX Finishes on Negative Note

The FTSE MIB Index fell 540 points or 1.07 percent on Wednesday to close at 50038 points. Leading the losses are Stellantis N.V. (-3.98%), Amplifon (-3.20%) and Leonardo SpA (-2.71%).

The FTSE MIB Index Closes 1.07% Lower

The DAX Index dropped 328 points or 1.31 percent on Wednesday to close at 24796 points. Losses were led by SAP (-4.31%), Deutsche Bank (-3.65%) and HeidelbergCement (-3.44%).

The DAX Index Closes 1.31% Lower

The CAC 40 Index decreased 50 points or 0.61 percent on Wednesday to close at 8159 points. The decline was led by Stellantis NV (-3.95%), Kering (-3.64%) and Capgemini (-3.04%). On the upside, the strongest performers were Veolia (2.19%), Air Liquide (1.90%) and TotalEnergies SE (1.49%).

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