The DAX Index Closes 0.09% Higher

Frankfurt's DAX pared early losses to close virtually unchanged at 24,986 on Tuesday, as traders continued to assess the shifting trade landscape after Trump's recent tariffs while also eyeing corporate updates. Also, investors tried to put aside AI concerns, buoyed by positive news from Meta and ahead of Nvidia’s upcoming financial results. Meanwhile, caution prevails ahead of US President Donald Trump's Union Speech to be delivered this evening. Fresenius Medical Care plunged 7.1%, staying at the bottom of the index, after reporting higher 2025 profits but signaling broadly stable 2026 revenue and operating profit, diverging from prior performance. MTU Aero Engines also fell sharply, slipping 6.4%, even after posting Q4 profits above expectations, with its 2026 guidance broadly in line with forecasts. SAP (-1%) also extended its decline from yesterday and Deutsche Bank fell 1.6%. On the upside, autos bounced after the US set European tariffs at 10% for now, below the threatened 15%.

The DAX Index gained 22 points or 0.09 percent on Tuesday to close at 25014 points. Gains were led by Continental (4.10%), Symrise (2.98%) and RWE (1.94%). Biggest losers were Fresenius Medical Care (-7.27%), MTU Aero Engines AG (-6.26%) and Fresenius (-2.44%).

Frankfurt's DAX 40 edged down to trade below 24,000 on Tuesday, extending Monday's losses, as market sentiment remained pressured by tariff woes and AI anxieties. Meanwhile, investors closely monitored some earnings reports and corporate news. Among key movers, Fresenius Medical Care plunged more than 7% to the bottom of the index, after reporting higher 2025 profits but signaling broadly stable 2026 revenue and operating profit, diverging from prior performance and recently announced cost-cutting measures. MTU Aero Engines (-5.2%) followed closely, as it reported Q4 results that exceeded expectations in profitability, while its outlook for 2026 was largely in line with market forecasts. Selling pressure also hit tech and banks, with SAP, Deutsche Bank, and Siemens down 1.8%, 1.7%, and 1.1%, respectively.