Despite uncertainty over the reopening of the Strait of Hormuz, German stocks moved higher Monday morning. Higher crude oil prices limited market’s upside. Investors looked ahead to U.S. inflation data due later this week, for clues about Federal Reserve’s interest rate moves.
Brent crude futures climbed to $84.97 a barrel before easing to around $87.50, still up 1.2% from previous close.
The DAX was up 51.28 points or 0.2% at 26,406.63 a few minutes before noon.
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DAX Hovers Around Record High
2026-08-10 09:59:03
