FX.co ★ DAX Rebounds and Sees Slight Gain

On Thursday, Frankfurt's DAX index reversed earlier losses to finish approximately 0.5% higher at 22,065, marking its third consecutive session of gains, in line with other European markets. Investors remained attentive to ongoing US-China trade developments while evaluating new earnings reports. Adidas saw a 2.5% increase after reporting sales and profits that exceeded expectations for the first quarter. Leading the pack among top performers were Infineon Technologies, Siemens AG, and Siemens Energy, which mirrored gains observed in their American counterparts. Concurrently, the German government has revised its 2025 growth forecast, now predicting stagnation rather than the previously anticipated 0.3% expansion, due to persisting global uncertainties stemming from trade tensions.