26.09.202513:19:37UTC+00DAX Extends Gains

The DAX index in Frankfurt experienced an increase of 0.8%, climbing past the 23,700 mark on Friday afternoon. This rise was attributed to US inflation data that aligned with expectations, which reinforced optimism regarding potential further interest rate cuts by the Federal Reserve. Concurrently, investors considered fresh tariff threats amid ongoing geopolitical tensions. President Trump announced that starting October 1, imported pharmaceuticals, trucks, and furniture would be subject to tariffs of 100%, 25%, and 30%, respectively, unless companies move production to the United States. Meanwhile, the European Commission revealed that it had negotiated a 15% cap on US pharmaceutical tariffs as part of the US-EU trade agreement, which will also impose a 15% tariff on EU autos and auto parts beginning August 1. In the stock market, sectors such as insurance, industrials, construction materials, and steel were among the leading performers.