DAX Closes Higher
2026-10-27 17:20
By
Luisa Carvalho
1 min. read
Frankfurt's DAX 40 rose 0.7% to close at 25,591 on Tuesday, recovering from early losses and posting a second consecutive daily gain.
Lower oil prices and stabilizing bond yields supported market sentiment, while attention remained on corporate earnings and the upcoming monetary policy decisions from the Fed and ECB.
Tech and AI-related stocks powered the rally, amid optimism surrounding AI investment.
Infineon Technologies climbed almost 5% after announcing plans to invest around €1.1 billion in its Austrian site in Villach by 2034 to expand production of gallium nitride power semiconductors.
Siemens Energy (4.4%), Hochtief (2.8%) and Siemens (1.7%) also gained.
Conversely, autos and consumer goods were the most penalized.
Mercedes Benz-Group slipped 3.8% after cutting its 2026 profit margin outlook for its core cars division, citing tougher market conditions in China and higher costs in Q4..Beiersdorf dropped 3.3% as it narrowly missed third-quarter sales growth expectations.