DAX Falls on Fresh Middle East Tensions
2026-05-26 07:56
By
Luisa Carvalho
1 min. read
Frankfurt's DAX 40 fell 0.5% to trade below 25,300 on Tuesday, pulling back from four-month highs in the prior session, in line with most European peers.
Caution returned as hopes of a deal to end the war and reopen the Strait of Hormuz appear more distant following fresh US strikes on Iran and threats from Tehran, pushing oil prices higher again.
The situation took a new turn overnight, with reports of explosions in southern Iran.
The US military said it carried out self-defense strikes targeting missile launch sites and boats attempting to lay mines, citing protection of its forces from Iranian threats.
Top losers included Scout24 (-2.7%), MTU Aero Engines (-2.2%) and Infineon Technologies (-2%).
Merck fell 1.8% following negative analyst comments.
On the upside, Fresenius Medical Care rose 0.9% after announcing a new share buyback program with a total volume of around €1 billion.
Auto stocks also advanced, with Mercedes-Benz Group, BMW and Porsche Automobil adding around 0.4% each.