Overview
- The DAX closed Monday up 1.8% at 24,258 and is indicated 0.2% higher to 24,316 before Tuesday’s open, edging further above the 24,000 threshold.
- U.S. stocks advanced Monday (Dow and S&P 500 +1.1%, Nasdaq +1.4%), with Apple hitting a record after a report of stronger early iPhone 17 sales in the U.S. and China.
- Asian markets gained, with Japan’s Nikkei reaching 49,929 as investors bet on policy support under new prime minister Sanae Takaichi, while Chinese benchmarks also rose.
- Traders say worries tied to reported loan-fraud losses at two U.S. regional banks have eased for now, though market sensitivity to banking headlines remains elevated.
- Stock-specific drivers include Thyssenkrupp’s TKMS debuting in Frankfurt via spin-off, FDA approval expanding Roche’s Gazyva to lupus nephritis, and softer oil prices linked to China’s slower growth and higher OPEC+ supply.