DAX Bounces on Hopes of US-Iran Peace Deal
2026-04-14 07:57
By
Luisa Carvalho
1 min. read
Frankfurt's DAX 40 rose more than 1% toward the 24,000 mark on Tuesday, rebounding from modest losses in the prior day.
Sentiment improved across major markets amid renewed hopes of another round of negotiations between the US and Iran.
This came alongside heightened geopolitical tensions, as the US moved to enforce a blockade of the Strait of Hormuz following the failed talks over the weekend.
Meanwhile, investors took the pulse of a batch of quarterly earnings reports from both sides of the Atlantic.
All sectors traded higher, with industrials, financials, techs and consumer cyclicals among the top performers.
In equities, Siemens, Siemens Energy, Continental, Mercedes-Benz Group, Merck and MTU Aero Engines posted the biggest gains, between 2%-3%.
Deutsche Bank and Commerzbank rose 1.6% and 0.8%, respectively.
Rheinmetall (-0.4%) and Zalando (-0.3%) were among the few losers.