DAX index drops amid concerns over US AI policy

The DAX experienced a significant decline, losing over 1,000 points at one stage, shortly after reaching a record high. This downturn follows a recovery on Wall Street and is driven by concerns that the United States might slow the expansion of artificial intelligence data centers following the Democratic Party's election victory.

Market experts remain divided on whether the worst of the volatility has passed. Investors are now looking toward upcoming US inflation data and financial reports from Siemens Energy and Infineon for further direction.