DAX is showing a slight increase Friday afternoon as investors are buying stocks, even in light of the Trump administration’s announcement regarding a new set of tariffs set to begin on October 1st. The benchmark DAX increased by 93.86 points, or 0.4%, reaching 23,615.28 recently. The President of the United States has declared the implementation of import tariffs on pharmaceutical drugs, kitchen cabinets and bathroom vanities, upholstered furniture, and heavy trucks.

Market participants are closely monitoring the upcoming U.S. Personal Consumption Expenditure data set to be released later today. Where as –

• Munich RE is experiencing an increase of over 3%.
• Daimler Truck Holding has decreased by 3.2%.
• Siemens has increased by almost 2%, while Allianz is seeing a rise of 1.7%.
• Hannover Rueck, Siemens Healthineers, Brenntag, and Mercedes-Benz
  are experiencing an increase of 1 to 1.3%.

Heidelberg Materials, BMW, Siemens Energy, Fresenius Medical Care, Deutsche Bank, RWE, and Fresenius are showing moderate gains. Zalando has experienced a decline of approximately 2.1%, while Infineon Technologies has seen a decrease of 1.8%. Volkswagen, Merck, SAP, GEA Group, and Rheinmetall have experienced a decline ranging from 0.6% to 1%.