FX.co ★ DAX Finishes on Negative Note

Frankfurt's DAX 40 ended Tuesday’s volatile session down about 1.1% at 22,938, as investors turned risk-averse ahead of the expiry of President Trump’s deadline for Iran to reopen the Strait of Hormuz. Prospects for a deal appeared to dim, with Iran pulling out of ceasefire talks amid intensified US strikes and increasingly confrontational rhetoric from Trump. Meanwhile, oil prices extended their gains, reigniting worries about mounting inflationary pressures. Weakness was broad-based across sectors. Among individual stocks, Heidelberg Materials was the worst performer, sliding 4.1%, followed by Adidas (-2.9%), Qiagen NV (-2.9%), Rheinmetall (-2.9%), and Zalando (-2.8%). In contrast, BASF shares advanced 1.8%, outperforming the market on the back of upbeat sentiment in the chemical sector.