DAX Hovers Record Highs
Frankfurt's DAX 40 rose over 1% to around 25,550 on Tuesday, nearing record levels seen in August, extending previous session's advance. Investor sentiment strengthened further, underpinned by the ongoing recovery in global technology stocks following last week’s selloff and the decline in oil prices. Attention nevertheless remained centred on the corporate earnings season. Most sectors traded higher, led by tech, banks and industrials. Among single stocks, Infineon Technologies surged more than 4% after reporting double-digit year-on-year revenue growth and issuing an upbeat outlook for Q4 2026.
Frankfurt's DAX 40 rose over 1% to around 25,550 on Tuesday, nearing record levels seen in August, extending previous session's advance. Investor sentiment strengthened further, underpinned by the ongoing recovery in global technology stocks following last week’s selloff and the decline in oil prices. Attention nevertheless remained centred on the corporate earnings season. Most sectors traded higher, led by tech, banks and industrials.
Among single stocks, Infineon Technologies surged more than 4% after reporting double-digit year-on-year revenue growth and issuing an upbeat outlook for Q4 2026.