German stocks were moving lower on Monday, as banks extended declines amid concerns around the fallout from the Silicon Valley Bank (SVB) collapse.
The benchmark DAX was down 58 points, or 0.4 percent, at 15,369 after losing 1.3 percent on Friday.
Commerzbank fell 2.6 percent and Deutsche Bank dropped 1 percent amid increased concerns over the health of the U.S. banking sector and fears of contagion.
For comments and feedback contact: editorial@rttnews.com
Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.