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DAX 40: a 3.0σ fall on 9 September 2026

Recorded 7 October 2026

On 9 September 2026 DAX 40 fell 1.66% close to close, 3.0 times its typical daily move of 0.55% over the 20 sessions before it: larger than every one of the 49 sessions on record before it. 9 other instruments of the 199 measured that day moved 2σ or more.

The day

Daily closes, as recorded the night after

Move
−1.66%
Size
−3.0σ
Typical day before it
0.55%
Close
25,576.45
Previous close, 8 September 2026
26,007.63
Since, to 21 October 2026
+0.27%

DAX 40, the 30 sessions to 9 September 2026

Daily closes; the last point is the quake

Show values
DAX 40, the 30 sessions to 9 September 2026
Point DAX
29 Jul 2026 25,460
30 Jul 2026 25,612
31 Jul 2026 25,629
3 Aug 2026 26,001
4 Aug 2026 26,202
5 Aug 2026 26,126
6 Aug 2026 26,140
7 Aug 2026 26,319
10 Aug 2026 26,324
11 Aug 2026 26,391
12 Aug 2026 26,331
13 Aug 2026 26,300
14 Aug 2026 26,440
17 Aug 2026 26,339
18 Aug 2026 26,128
19 Aug 2026 26,091
20 Aug 2026 25,983
21 Aug 2026 26,137
24 Aug 2026 26,107
25 Aug 2026 26,266
26 Aug 2026 26,286
27 Aug 2026 26,367
28 Aug 2026 26,570
31 Aug 2026 26,258
1 Sep 2026 25,970
2 Sep 2026 25,839
3 Sep 2026 26,003
4 Sep 2026 26,046
7 Sep 2026 26,007
8 Sep 2026 26,008
9 Sep 2026 25,576

The same day

Other quakes on 9 September 2026

InstrumentMoveSize
FTSE 100 FTSE −1.31% −3.6σ
CAC 40 CAC −1.94% −3.5σ
Meta Platforms META +6.55% +3.2σ
Euro Stoxx 50 STOXX50 −1.58% −3.1σ
Swiss Market Index SMI −1.80% −3.0σ

How it is measured

The move is the close-to-close return; its size is that return divided by the standard deviation of DAX 40's previous 20 daily returns. A quake is 3σ or more. This record was made the night after the day finished trading and has not been changed since. The live chart is on DAX 40's page; the last few months of every market's daily moves are on the volatility terrain, and every quake on record is in the quake archive.