Frankfurt, Germany – Frankfurt’s DAX 40 slipped slightly to around 25,230 on Friday as investors weighed U.S. and European inflation data alongside corporate earnings reports.

Higher-than-expected U.S. inflation for January reduced expectations for a near-term Federal Reserve rate cut, keeping markets cautious. In Germany, preliminary figures showed headline inflation eased to 1.9% in February from 2.1% in January, slightly below forecasts of 2.0% and broadly in line with the European Central Bank’s 2% target.

Corporate Movers

BASF was among the weakest performers, falling over 2% after reporting a decline in adjusted operating earnings for 2025 and issuing a cautious 2026 outlook.

Meanwhile, Deutsche Telekom (+3.8%), Scout24 (+3.8%), and Deutsche Börse (+2.4%) drew strong investor interest, supporting pockets of strength within the index.

Market Sentiment

Investors remain sensitive to AI-related concerns, ongoing tariff uncertainties, and geopolitical tensions. The DAX fell about 0.1% for the week but is up nearly 3% for the month, reflecting underlying resilience despite short-term volatility.