The DAX in Frankfurt extended losses to close about 2.3% lower at 23, 487 on Tuesday, the lowest level since August 1, tracking a broad global selloff fueled by climbing government bond yields. Investors also digested fresh economic data from both sides of the Atlantic. In Europe, the annual inflation rate in the Eurozone inched up to 2.1% in August, from 2% in July, topping the ECB’s target and market expectations, and supporting expectations that policymakers will keep rates unchanged next week. At the same time, geopolitical tensions, political uncertainty in France and tariff worries continued to weigh on market sentiment. On the corporate front, all sectors finished in the red. Among equities, Vonovia (-6.1%), Siemens Energy (-5.8%), Fresenius Medical Care (-5.3%), Infineon Technologies (-4.5%), Siemens (-4.4%) and Sartorius (-3.9%) posted the sharpest declines.