17.02.202617:32:56UTC+00DAX Rises to Over 1-Week High

Frankfurt’s DAX 40 advanced on Tuesday, closing about 0.8% higher at 24,998—its strongest level in more than a week—mirroring generally positive sentiment across European equity markets. The upbeat tone in Europe contrasted with the more cautious mood on Wall Street, where investors remain wary about the potential economic implications of artificial intelligence.

Market attention again centered on the Federal Reserve’s interest-rate cut outlook, with investors awaiting the release of the minutes from the January policy meeting on Wednesday. At the same time, geopolitical risks remained in focus, particularly the second round of nuclear talks between Iran and the United States in Geneva.

Among notable movers, Bayer jumped nearly 7% after reports that the company is preparing a $10.5 billion settlement to resolve current and future cancer claims tied to its Roundup weedkiller. Vonovia, Infineon Technologies, RWE, Zalando, and Mercedes-Benz Group also posted solid gains of between 2% and 3.9%, while banking stocks advanced as well. On the downside, Qiagen NV (-3.8%) and Daimler Truck (-2.4%) were the session’s worst performers.