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14.07.202616:22:27UTC+00DAX Rebounds Slightly

The DAX 40 erased early losses to finish slightly higher at 25,147 on Tuesday, supported by a rebound in technology shares and easing oil prices after President Trump abandoned the proposed 20% charge on cargo transiting the Strait of Hormuz. Market sentiment was further lifted by softer-than-expected US inflation figures, which tempered expectations of additional Federal Reserve rate hikes, as well as robust second-quarter earnings from major US banks.

Utilities, retailers, banks, chemicals, technology, and industrial stocks were among the strongest performers, helping to offset weakness in software, pharmaceutical, and leisure names. Brenntag, Siemens Energy, Zalando, RWE, E.ON, Hochtief, and Infineon Technologies led the gains, rising between 1.4% and 2.4%. In contrast, Siemens Healthineers (-3.6%), SAP (-2.9%), Henkel (-2%), Bayer (-2%), and TUI (-0.9%) came under heavier selling pressure.

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