DAX Ends on Lower Note, Still Posts Q1 Gain
Frankfurt's DAX closed about 1.3% down at 22,162 on Monday, its lowest level since February 12, marking the fourth straight session of declines.
Investors grew cautious ahead of a raft of Trump tariffs set to come into effect this week, including a 25% levy on all imported cars.
The uncertainty surrounding the scale and scope of the tariffs contributed to the negative sentiment.
Meanwhile, Germany's consumer price inflation eased to 2.2% in March 2025, the lowest since November 2024, in line with market expectations, according to a preliminary estimate.
On the corporate front, auto stocks, banks and tech companies were the biggest laggards.
The index recorded a 1.7% loss for the month of March.
However, for Q1, the DAX rose around 11%, mainly supported by Germany's massive spending plan.