DAX Finishes Lower

Frankfurt's DAX 40 closed about 0.8% down at 25,184 on Tuesday, halting a two-day advance, amid profit-taking and renewed caution over developments in the Gulf. Hopes for progress on a US–Iran deal eased after fresh US strikes on Iran and threats from Tehran, which pushed oil prices higher. Meanwhile, ongoing optimism around AI helped cushion the decline. Top losers were MTU Aero Engines (-3.5%), Deutsche Bank (-2.1%), Fresenius SE & Co (-2%) and SAP (-2%).On the flip side, Zalando (2.3%), Infineon Technologies (0.8%), E.ON (0.7%), and Continental (0.6%).posted the biggest gains.

The DAX Index dropped 204 points or 0.80 percent on Tuesday to close at 25185 points. Losses were led by MTU Aero Engines AG (-3.15%), Deutsche Bank (-2.22%) and Scout24 (-2.14%). Offsetting the fall, top gainers were Zalando (3.25%), E.ON (0.76%) and Infineon (0.61%).

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.