Following a significant decline at the opening on Thursday morning, the DAX managed to regain some of its earlier losses and was observed to be slightly in positive territory, as investors processed the Federal Reserve’s decision on interest rates along with the related commentary. The Federal Reserve reduced the interest rate by 25 basis points, aligning with widespread expectations, on Wednesday.

During a news conference subsequent to the decision, Fed Chair Jerome Powell indicated that the Federal Reserve would need to “wait and see” prior to determining its next action, noting that a rate hike is not part of the base case scenario. Members of the Federal Reserve indicated a singular additional reduction in their 2026 central projection; however, market participants are wagering that the risks lean towards a greater number of cuts. The benchmark DAX, having declined to 24,008.44 earlier in the session, has since increased by 19.91 points or 0.08%, now standing at 24,129.94.

• Daimler Truck Holding experienced an increase of nearly 4%.
• Porsche Automobil Holding and Volkswagen experienced an increase of approximately 1.5%.
• Brenntag, Munich RE, and BASF experienced an increase of 1.8% to 2%.
• Merck experienced an increase of 1.5%, whereas Deutsche Post, Heidelberg Materials, GEA Group, Commerzbank, Continental, Siemens, and Zalando saw gains ranging from 0.7% to 1.2%.

Among the underperformers, SAP, E.ON, and Deutsche Boerse experienced declines of 2.4%, 2.1%, and 2%, respectively. RWE, Deutsche Telekom, Infineon Technologies, and Fresenius Medical Care experienced slight declines in their valuations.