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2025.10.2215:58:52UTC+00DAX Ends on Negative Note

Germany's DAX index declined by approximately 0.7% to close at 24,158 on Wednesday, reversing gains from the previous two sessions. Investors navigated through a mix of corporate earnings reports from both sides of the Atlantic, leading to a cautious market sentiment amid ongoing uncertainties surrounding US-China trade negotiations and the extended US government shutdown. On the corporate landscape, Siemens Energy dropped 3.7% and Infineon Technologies fell 2.7%, marking them as significant decliners for the day. Adidas also decreased by 2.7%, even though it announced strong preliminary results for the third quarter and raised its annual profit forecast, as JP Morgan slightly lowered its price target for the company's shares. Additionally, Mercedes-Benz and Volkswagen each saw a 2.2% decline, while SAP slipped by 1.5% ahead of its upcoming earnings report.

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