DAX Finishes Almost Muted
2026-02-24 17:27
By
Luisa Carvalho
1 min. read
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%.