Frankfurt’s DAX 40 fell about 0.8% to close at 25,184 on Tuesday, snapping a two-day winning streak, as investors took profits and turned more cautious over renewed tensions in the Gulf. Hopes for progress on a potential US–Iran agreement faded following fresh US strikes on Iran and subsequent threats from Tehran, pushing oil prices higher.
Persistent optimism around artificial intelligence helped limit the overall decline. Among the worst performers were MTU Aero Engines (-3.5%), Deutsche Bank (-2.1%), Fresenius SE & Co (-2%), and SAP (-2%). On the upside, Zalando (+2.3%), Infineon Technologies (+0.8%), E.ON (+0.7%), and Continental (+0.6%) posted the strongest gains.