Turbulent DAX Wednesday: Market Slides – Chip Shortages Looming?
Investors' hopes for renewed upward momentum were dashed on Wednesday: the DAX experienced a turbulent, shaky trading day, closing with a noticeable loss of 0.74 percent at 24,151.13 points. Selling pressure even briefly pushed the index below the important psychological mark of 24,000 points in after-hours trading. A major source of nervousness: evidence is mounting that US tariff policy could lead to bottlenecks in the global chip market. What is already forcing the automotive sector (e.g., Volkswagen) to consider production stops could now severely impact the current growth engine, the Artificial Intelligence sector. The stubborn stance of the Chinese government makes negotiations a tough challenge for Donald Trump.
Continental Defies Pressure – Siemens Energy Loses Momentum
In the weak overall environment, some individual stocks stood out positively: Continental stock held firm with a gain of 1.6 percent, topping the DAX list. Closely following were shares of Siemens Healthineers with a price increase of 1.5 percent. At the other end of the spectrum, Siemens Energy lost significant ground, plummeting 3.7 percent. This placed the stock at the bottom, closely followed by the recently strong Infineon stock, which shed 2.9 percent.
DAX Support Crumbles: Will the 24,000 Mark Fall Sustainably?
In addition to global geopolitical tensions, chart technicians are viewing developments with concern. Yesterday's selling impulse could lead to further declines. Although support at 24,000 points has held up well so far, a technical rule applies: the more frequently this critical level is tested and temporarily breached, the more fragile the support becomes. Investors must prepare for continued high volatility, as a sustained fall below the 24,000-point threshold would significantly increase the potential for a deeper correction.
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