Overview
- Broker IG models the DAX about 0.3% lower at the open near 25,288 after a 0.3% gain to 25,352 in the prior session.
- U.S. stocks advanced as enthusiasm for artificial intelligence returned following TSMC’s strong quarter, with the Dow up 0.6%, the S&P 500 up 0.3% and the Nasdaq up 0.2%.
- Oil retreated after de-escalation signals on Iran, with Brent down roughly 3% to about $64 as President Trump cited reduced violence and no current plans for mass executions.
- Earlier pressure from disappointing results at Citigroup, Bank of America and Wells Fargo weighed on sentiment, reinforcing the rotation away from major U.S. banks.
- Traders are watching Germany’s first 2025 GDP estimate and U.S. labor updates, with stronger readings seen as reducing the likelihood of further Federal Reserve rate cuts.