The DAX Index Closes 0.38% Lower

The DAX 40 closed about 0.4% down at 26,339 on Monday, reversing gains from the prior session, despite remaining close to record highs. Heightened Middle East tensions offset growing investor optimism over artificial intelligence.The 60-day Washington-Tehran truce expires today, with the standoff over Hormuz continuing and threats from both sides escalating. Meanwhile, investors continued to adjust their expectations for US interest rates following a series of weaker-than-expected economic data. Several sectors faced selling pressure, particularly retailers and autos, while tech and financials provided support. Among single stocks, Zalando, Adidas, Scout24, Beiersdorf, Henkel and Symrise posted the largest declines, ranging between 1.9%-3.4%. On the upside, top gainers included Deutsche Borse (1.8%), Rheinmetall (1.3%), Siemens Energy (1.1%) and Infineon Technologies (0.9%).

The DAX Index fell 102 points or 0.38 percent on Monday to close at 26339 points. Leading the losses are Zalando (-3.90%), Adidas (-3.14%) and Beiersdorf (-2.66%). Top gainers were Deutsche Boerse (1.76%), Rheinmetall (1.30%) and Siemens Energy (1.29%).

The DAX 40 edged down to below 26,400 on Monday, but remained close to record highs, as tech optimism outweighed persistent geopolitical uncertainty. Meanwhile, investors continued to adjust their expectations for US interest rates following a series of weaker-than-expected economic data. Rheinmetall and Deutsche Borse were the standout performers, advancing 1.8% each. AI-related Siemens Energy (1.3%) and Infineon Technologies (0.4%) also gained, boosted by Anthropic's strong preliminary revenue figures. On the downside, Zalando (-3.5%), Henkel (-2.2%) and Beiersdorf (-2.1%) posted the biggest losses.