DAX Climbs 0.2% at Open While US Markets Stay Closed for Washington's Birthday, Volatility Potential Persists.
Economy / Finance

DAX Climbs 0.2% at Open While US Markets Stay Closed for Washington’s Birthday, Volatility Potential Persists.

The DAX opened Monday with gains. At about 09:30 GMT it stood near 24 970 points, roughly 0.2 % above the Friday close. Scout24, Deutsche Bank and Commerzbank topped the gains list, while MTU, Brenntag and Symrise finished at the bottom.

There were no U.S. market cues to influence trading, as U.S. exchanges stayed closed for Washington’s Birthday. Thomas Altmann of QC Partners noted that trading volume would remain subdued, but that does not automatically mean price movement will be limited. “On such days, a handful of large orders can be enough to move the market” he said.

Despite the low volumes, interest in the DAX remains strong. Altmann added that the last three trading days have been the most active of the early part of 2026, yet many investors at a level just shy of 25 000 points seem uncertain whether to buy or sell. This uncertainty has prolonged the sideways, direction‑less market seen for weeks.

The euro was slightly weaker in the morning. One euro fetched 1.1861 U.S. dollars, and one U.S. dollar was worth 0.8431 euros.

Oil prices fell during the same period. At about 09:00 German time, a barrel of North Sea Brent traded at $67.59, down $0.16-or 0.2 %-from the close of the previous trading day.