The DAX 40 declined approximately 0.3% to under 26,100 on Monday, reversing the previous session’s gains, as technology stocks faced pressure amid apprehension surrounding Nvidia’s earnings. Investors were keenly anticipating the specifics regarding the forthcoming US sanctions on Iran, expected to be disclosed later in the day.

The US administration recently articulated its intention to escalate economic pressure on Iran and its trading partners to facilitate an end to the conflict with Iran. Meanwhile, the Jackson Hole symposium later this week will attract significant attention for insights regarding interest rates.

Among key movers, Volkswagen recorded a decline of 1.7%, followed by Siemens Energy with a decrease of 1.2%, and SAP, which fell by 1%. On the upside, Brenntag increased by 1.1%, BASF by 0.9%, and Beiersdorf by 0.7%, marking the most significant advances.