Overview

• The DAX traded slightly higher but stayed rangebound below last week's peak as investors weighed prospects for further U.S. easing.
• Gold rose to about $4,190–$4,193 per ounce in London, setting a new all-time high.
• EU regulators approved Boeing’s acquisition of Spirit AeroSystems on the condition that Spirit’s Airbus-related businesses are divested to protect competition.
• Stellantis unveiled a $13 billion U.S. investment to launch five models and create roughly 5,000 Midwest factory jobs over the next four years.
• VW chief Olivier Blume said cost measures are advancing, with more than 35,000 jobs to be cut at the core brand, 7,500 at Audi and around 4,000 at Porsche.