According to TraidingEconomics, the DAX index in Frankfurt closed down slightly at 24,130 points on Wednesday, concluding a four-session winning streak, as investors engaged in profit-taking and increased caution ahead of the U.S. Federal Reserve's decision and comments from its Chairman Jerome Powell.

The U.S. central bank faces a tough decision on whether to implement a third rate cut in 2025 or keep rates unchanged amid economic uncertainty, although most traders still expect a 25 basis points cut.

Technology Stocks Lead the Decline

Technology stocks declined, following the weak performance of their U.S. counterparts, with the biggest losers being:

• Infineon Technologies (-2.4%)

• Siemens (-0.9%)

• Siemens Healthineers (-2.2%)

• Deutsche Börse (-2%)

• Rheinmetall (-1.8%)

Siemens Energy Leads the Gains

On the positive side, shares of Siemens Energy rose by 4.4% following strong revenue forecasts from its American counterpart GE Vernova.