DAX falls 0.3 percent at midday as tech stocks slide
Published on 10/15/2026 at 13:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSInflation and chip pressure
- DAX stood at 25,218 points at midday, down 81 points or 0.3 percent.
- US headline CPI reached 3.7 percent year over year, reviving rate concerns.
- Infineon fell 7.4 percent as technology shares sold off globally.
- US PPI is due at 2:30 p.m. CEST on October 15, with a 0.6 percent forecast.
The DAX was at 25,218 points at midday on October 15, 2026, down 81 points or 0.3 percent from the previous close, according to dpa-AFX via onvista. US headline inflation reached 3.7 percent year over year, adding to rate concerns and pressuring technology shares, Yahoo Finance reports.
Infineon fell 7.4 percent, while Siemens Energy lost 6.3 percent. Both moves came as technology shares weakened across global markets, dpa-AFX via onvista reports.
Why is the DAX lower today?
The pressure followed steep losses in US and Asian technology stocks. Investors reassessed financing costs after the stronger US inflation reading. The DAX held up better than more technology-heavy markets because its composition contains fewer technology companies, according to Reuters.
DAX trades below 25,300 points
The index slipped below its short-term 21-day trend line near 25,300 points. The midday level was 80.61 points below Wednesday's 25,298.61-point close before rounding. The market now faces a second test from US data after the previous session's inflation shock.
What comes next for the DAX
- October 15, 2026, 2:30 p.m. CEST: US producer prices are expected to rise 0.6 percent month over month, up from 0.4 percent, Investing.com reports.
- October 15, 2026, 2:30 p.m. CEST: US retail sales are forecast to increase 0.3 percent after 1.2 percent previously, Investing.com reports.
- October 15, 2026, 2:30 p.m. CEST: Initial jobless claims are expected at 199,000, compared with 197,000 previously, Investing.com reports.
