DAX Climbs 0.9% as US Supreme Court Strikes Down Trump Tariffs, Fuel Prices Drop.
Economy / Finance

DAX Climbs 0.9% as US Supreme Court Strikes Down Trump Tariffs, Fuel Prices Drop.

The German stock market ended the week on a positive note. At the close of Xetra trading the DAX settled at 25,261 points, up 0.9 % from the previous day’s close. After a steady start in the lower part of the session, the index accumulated further gains in the late afternoon.

U.S. news provided supportive momentum when the Supreme Court ruled against President Donald Trump’s broad tariff regime. In a 6‑to‑3 decision, the Court held that Trump had exceeded his authority in imposing the tariffs and that a comprehensive enforcement of the duties requires explicit congressional approval. The ruling’s long‑term implications for U.S. trade policy remain uncertain, especially since Republicans currently control both chambers of Congress.

In Frankfurt, the day’s top‑gaining tickers were Adidas, Porsche, and Siemens, while Bayer stock finished at the bottom of the trading list.

Energy prices fell toward the end of the day. The March‑delivery gas price dropped to €32 per megawatt‑hour (MWh), a 6 % decrease from the previous day. If this level were to persist, consumer prices would be around 8-10 cents per kilowatt‑hour (kWh) after taxes and other charges.

Oil also eased: Brent crude was quoted at $71.25 per barrel at 17:00 local time, down $0.41 or 0.6 % from the prior trading day’s close.

The euro strengthened slightly against the dollar: one euro was worth US$1.1776, and one U.S. dollar could be exchanged for €0.8492.