23.09.202516:11:22UTC+00DAX Sees Recovery

The DAX index in Frankfurt concluded Tuesday with a 0.4% uptick, settling at 23,611. This marks a recovery from the previous day's decline, as investors evaluated a series of economic indicators from leading global economies. Additionally, markets were keenly anticipating insights on the Federal Reserve’s forthcoming policy directions from Chair Jerome Powell's speech scheduled for later. The data indicated a boost in Germany's private sector activity for September, coupled with robust growth in the Eurozone's service sector. Market confidence was further bolstered by the positive developments surrounding the Nvidia–OpenAI collaboration. In terms of individual stock performance, Adidas led the gains with a 3.5% increase, trailed by Volkswagen at 3.1%, Porsche Automobil Holding at 2.5%, Infineon Technologies at 2.4%, and Mercedes-Benz Group at 2.3%. Conversely, Heineken and Commerzbank were among the largest decliners, with drops of 2.6% and 1.9%, respectively.