DAX falls 1.1 percent as Infineon drags at midday
Published on 10/22/2026 at 13:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOil and technology pressure
- The DAX stood at 25,375 points at 12:09 p.m. CEST on October 22, down 270 points or 1.1 percent.
- Brent crude rose 2.2 percent to USD 112.20 after an attack on a Saudi oilfield.
- Infineon fell 3.9 percent, while Qiagen gained 1.3 percent among DAX stocks.
- U.S. jobless claims are due October 22 at 2:30 p.m. CEST, with a 200,000 consensus.
The DAX fell 270 points, or 1.1 percent, to 25,375 points at 12:09 p.m. CEST on October 22, 2026. Technology losses and higher oil prices pressured the index during morning trading.
Infineon was among the weakest DAX stocks, while Qiagen advanced after EQT's takeover offer. The L&S indication stood at 25,410 points at 1:16 p.m. CEST.
Why is the DAX down today?
European technology stocks extended their decline after renewed doubts about the profitability of heavy artificial-intelligence spending. Reuters said Infineon and Aixtron fell about 3 percent in early trading, while SAP traded lower despite robust quarterly results.
Oil prices also rose after an attack on a Saudi oilfield. Brent crude reached USD 112.20, up 2.2 percent, according to wallstreetONLINE. The energy move added pressure to a market already weakened by technology shares.
DAX winners and losers at midday
Early Xetra winners and losers on October 22 were listed by wallstreetONLINE:
- Qiagen up 1.3 percent: takeover interest supported the stock.
- Deutsche Boerse up 1.6 percent.
- Deutsche Telekom up 1.5 percent.
- Infineon down 3.9 percent: technology weakness weighed on the chipmaker.
- SAP down 3.3 percent despite strong quarterly figures.
- Siemens Energy down 2.7 percent.
What comes next for the DAX
U.S. data are due during the afternoon. Initial jobless claims are expected at 200,000, against 199,000 previously, while the leading index is forecast at minus 0.2 percent after minus 0.1 percent. Investing.com lists both releases.
- October 22, 2026, 2:30 p.m. CEST: U.S. initial jobless claims, consensus 200,000, prior 199,000.
- October 22, 2026, 4:00 p.m. CEST: U.S. leading index, consensus minus 0.2 percent, prior minus 0.1 percent.
DAX price data for October 22, 2026
The DAX was at 25,375 points at 12:09 p.m. CEST on October 22, 2026, down 270 points or 1.1 percent from the previous close of 25,645 points, as finanzen.ch reported. The index opened at 25,498 points. The L&S indication was 25,410 points at 1:16 p.m. CEST.
DAX by the numbers on October 22, 2026
- Index: DAX
- Home exchange: Xetra, Germany
- Level at 12:09 p.m. CEST on October 22, 2026: 25,375 points
- Change versus previous close of October 21, 2026: down 270 points (down 1.1 percent)
- Previous close: 25,645 points
- Open: 25,498 points
- L&S indication (1:16 p.m. CEST): 25,410 points
- Top gainer: Qiagen up 1.3 percent
- Top loser: Infineon down 3.9 percent
- Next scheduled event: October 22, 2026, 2:30 p.m. CEST: U.S. initial jobless claims
