The DAX slipped on Tuesday, closing at 24,986 points, a drop of only a few points from the previous day’s close.
Andreas Lipkow, chief market analyst at CMC Markets, noted that “uncertainty around the tariff issue remains high on the second trading day of the week”. He added that the key question is how an agreement can be reached between the United States and the European Union now that no clear path forward exists.
Lipkow also cited the ongoing Middle‑East tensions and the mounting pressure on the software sector from advancing artificial intelligence as factors still weighing on sentiment. “The equity market is being pulled from many different directions” he said. “Investors remain cautiously optimistic but are very selective in their stock picks. New trade and tariff disputes could again cloud Germany’s economic recovery”.
In the current mix, automobile manufacturers and suppliers were among the biggest winners on the DAX because the new U.S. tariffs are lower than the originally agreed rates. Investors, however, are more concerned about potential future conflicts than the tariffs themselves.
Just before the market closed, shares of Continental and Symrise led the trading list. At the bottom were Fresenius Medical Care and MTU.
Meanwhile, gas prices fell: a megawatt‑hour (MWh) of gas for March delivery cost €31, three percent lower than the previous day. If this level holds, the consumer price would be roughly €0.08 to €0.10 per kilowatt‑hour (kWh) when taxes and fees are included.
Oil also dropped. Brent crude priced at $71.05 per barrel at roughly 5 p.m. German time, down 44 cents or 0.6% from the previous day’s close.
The euro remained virtually unchanged: one euro traded at $1.1787, while one dollar was equivalent to €0.8484.
