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FX.co ★ DAX at Over 2-Week High

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typeContent_19130:::2026-02-03T08:51:08

DAX at Over 2-Week High

Frankfurt's DAX 40 index rose for the third consecutive session on Tuesday, climbing over 1% to surpass 25,000 — a level not seen since mid-January. Investor confidence improved as stability returned to the commodity markets, particularly within the precious metals sector. Although market participants are still processing Kevin Warsh's appointment as the new Federal Reserve Chairman, the primary focus remains on the bustling earnings season on both sides of the Atlantic. Leading the gains were Daimler Truck, Siemens Energy, and Rheinmetall, each experiencing increases as high as 4.5%. Significant upward movements were also noted in Siemens, SAP, and banking stocks such as Deutsche Bank and Commerzbank, with each showing an increase of more than 1%.

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