24.11.202508:35:34UTC+00DAX Gains Over 1%

The DAX experienced a notable surge of over 1% on Monday, surpassing the 23,300 threshold and recuperating some of the significant losses incurred last week. This upward movement was driven by renewed speculation about a potential interest rate cut by the Federal Reserve in December, despite conflicting signals from policymakers. Additionally, there was cautious optimism regarding the ongoing peace negotiations between Russia and Ukraine. Reports suggesting that US authorities might permit Nvidia to sell its H200 AI chips to China also contributed to the positive market sentiment. Nonetheless, caution lingers due to persistent concerns about a potential bubble within the tech sector, particularly with stocks related to artificial intelligence. Bayer led the upward momentum, surging nearly 10% following promising clinical outcomes for its stroke-treatment anticoagulant, Asundexian. Other key gainers included Siemens Energy with a 5% rise, BMW at 2.6%, Daimler Truck up by 2.4%, Infineon Technologies increasing by 2.3%, Continental at a 1.9% gain, and Merck also advancing by 1.9%. Conversely, defense-related stocks, such as Rheinmetall, experienced notable declines, dropping by 2.6%.