Overview

• The DAX fell 0.57% to 23,902, slipping below 24,000 and extending its weekly decline to about 1.9%.
• The breach followed several intraday dips under the level earlier in the week that were clawed back by the close.
• Traders zeroed in on Germany’s preliminary August inflation release scheduled for 14:00 CET, with base effects seen as a potential upward nudge to CPI.
• In the US, the S&P 500 set a fresh record even as Nvidia shares eased, and Fed Governor Christopher Waller called for a 25-basis-point cut at the September meeting.
• Brent crude hovered around $67–68 per barrel after a pullback in Asian trading, and company updates flagged tariff headwinds at Gap and Caterpillar.