(Repeat with corrected index name 'Dax' in the headline.)

FRANKFURT (dpa-AFX) - The Dax remained under pressure on Wednesday. Persistent losses in the US technology sector and renewed tensions in the Middle East fueled market uncertainty. Despite a ceasefire and ongoing negotiations to end the conflict, the US and Iran launched fresh attacks against each other.

At one point, comments from the US President dragged the German benchmark index down by as much as 1.6 percent. Referring to the weeks-long negotiations over a framework agreement between the US and Iran, Donald Trump wrote on his Truth Social platform: 'They took too long to negotiate a deal that was great for them, now they must face the consequences!'

Following Trump's remarks, the index hit its lowest level in over three weeks and briefly dipped below the 200-day moving average, a key indicator of the long-term trend. The Dax ultimately closed 0.97 percent lower at 24,195.31 points. Meanwhile, the MDax, which tracks mid-cap companies, fell 1.11 percent to 31,292.79 points.

'Trump's heightened rhetoric regarding the Middle East conflict serves as a reminder that geopolitical risks continue to simmer beneath the market surface,' said market expert Timo Emden of Emden Research. Furthermore, investors remain largely in the dark regarding the Federal Reserve's monetary policy outlook. While the latest US inflation data briefly eased interest rate concerns, Emden noted that the figures failed to provide clarity on the Fed's future policy path./la/men