DAX Extends Losses to Fourth Consecutive Session Amid Market Volatility

The DAX index declined for the fourth straight session, closing on January 21, 2026, as investor concerns over global economic growth and rising bond yields weighed on sentiment. The benchmark German equity index fell 1.2% to 18,435.76, marking its longest losing streak since late 2024. Weak manufacturing data from Germany and France contributed to the downturn, with both countries reporting contraction in their industrial sectors. Meanwhile, the European Central Bank’s cautious tone on rate cuts fueled uncertainty. Financial stocks led losses, with Deutsche Bank (DB) dropping 2.8% and Siemens (SIE.DE) down 1.9%. Investors are now awaiting key U.S. inflation data due January 25, which may influence future monetary policy expectations.