Germany’s equity benchmark DAX is experiencing a slight decline Tuesday morning, reducing earlier modest gains, as investors remain attentive to geopolitical developments and anticipate key economic data from the U.S. for directional insights. The announcement by U.S. President Donald Trump that any country engaging in trade with Iran will incur a 25% tariff on all transactions with the United States has negatively impacted market sentiment.

The benchmark DAX, having reached 25,464.43, experienced a decline of 9.70 points or 0.04%, currently standing at 25,388.07. Symrise AG shares experienced a notable increase of nearly 7% following the company’s announcement of advanced discussions with potential buyers concerning the divestment of its terpenes business.

• Commerzbank experienced an increase of 1.6%, while Infineon Technologies saw a rise of 1.2%.
• SAP, Deutsche Bank, Brenntag, BASF, Siemens Healthineers, and Siemens experienced an increase ranging from 0.4% to 1%.
• Heidelberg Materials experienced a decline of 2.4%, while Continental recorded a decrease of 2%.
• Fresenius Medical Care experienced a decline of nearly 2%, while Qiagen saw a decrease of 1.6%.
• E.ON, Deutsche Post, Siemens Energy, Bayer, Deutsche Telekom, GEA Group, and BMW experienced declines as well.

Zalando experienced a 5.4% increase following Barclays’ upgrade of the stock from equal weight to overweight, along with a revised price target set at EUR 35.00, reflecting an increase of EUR 7.00.