Overview
- The index fell 2.29% to 23,487.33 on Tuesday, breaking the 24,000 threshold and dropping beneath its 100‑day moving average.
- Rate‑sensitive real estate names led declines, with Vonovia down about 6.1% as property stocks lagged across Europe.
- Long-dated government bond yields climbed to multi‑year highs, elevating financing costs that pressure equity valuations.
- A weak U.S. reopen after the holiday and concern over a recent tariff ruling were cited as additional drivers of selling.
- Early calls point to a small technical bounce, though a clear sell signal below 24,000 leaves support near 23,400 in focus.