FX.co ★ DAX Turns Slightly Positive

Frankfurt’s DAX 40 trimmed earlier losses and was trading 0.5% higher near 25,300 on Thursday afternoon, as investors digested a wave of corporate earnings from both sides of the Atlantic. Sentiment was further supported by stronger-than-expected results from chipmaker Nvidia, which helped ease some concern over stretched equity valuations. In the background, markets continued to monitor unresolved issues around tariffs introduced under Donald Trump’s administration, as well as ongoing talks between the United States and Iran in Switzerland. On the corporate front, SAP led the advance with a 3% gain, while Siemens and Infineon Technologies rose 2.1% and 0.8%, respectively. Retail stocks also benefited from Puma’s earnings release: Adidas climbed 2.8% and Zalando 2.3%, after Puma’s results surpassed expectations despite the company reporting a loss.