The DAX Index Closes 0.13% Higher

The DAX 40 erased early losses to close marginally higher at 25,147 on Tuesday amid a rebound in tech stocks and easing oil prices after President Trump dropped the proposed 20% fee on cargo transiting the Strait of Hormuz. Sentiment was further supported by softer-than-expected US inflation data, which reduced expectations of further Federal Reserve rate hikes, and strong second-quarter earnings from major US banks. Utilities, retailers, banks, chemical companies, tech and industrials were among the top performers, offsetting weakness in software, pharmaceutical, and leisure stocks. Brenntag, Siemens Energy, Zalando, RWE ,E.ON, Hochtief and Infineon Technologies advanced the most, rising between 1.4% and 2.4%. On the flip side, Siemens Healthineers (-3.6%), SAP (-2.9%), Henkel (-2.%), Bayer (-2%) and TUI (-0.9%) faced increased selling pressure.

The DAX Index went up by 33 points or 0.13 percent on Tuesday to close at 25147 points. The rise was led by Brenntag (2.40%), Siemens Energy (2.28%) and Zalando (1.95%). On the downside, the weakerst performers were Scout24 (-3.71%), Siemens Healthineers (-3.54%) and SAP (-3.08%).

The DAX 40 fell 0.7% to trade below 25,000 on Tuesday, following yesterday's slight advance, amid escalating US-Iran tensions. The announced reinstatement of a US blockade around Iranian ports and President Trump's proposal to levy a 20% fee on cargo transiting the Strait of Hormuz have pushed oil prices sharply higher, raising fears of renewed inflationary pressures and tighter monetary policy. Meanwhile, investors turned their attention to earnings reports from major US banks. Most sectors were under pressure, particularly travel and leisure, industrials, software, pharmaceuticals, and retailers, while chemicals, autos, and utilities bucked the trend. Industrial giant Rheinmetall (-2.6%), Lufthansa (-1.8%) and TUI (-2%) were the hardest hit among individual stocks. Merck (-1.8%) and Bayer (-0.6%) also fell as pharmaceutical drug developer Evotec plunged 28% after cutting its full-year guidance. On the upside, BASF and Brenntag stood out, adding more than 2% each.