German stocks turned in a mixed performance Wednesday morning with investors hoping for progress in U.S.-Iran talks to reopen the Strait of Hormuz. Optimism about earnings and data showing increase in Germany’s manufacturing and services sector activity aided sentiment.
The benchmark DAX, which climbed to 26,438.34, a new record high, dropped to 26,216.90, down marginally from previous close.
Infineon Technologies dropped nearly 6% despite the company reporting record quarterly revenue and raising its full-year revenue adjusted free cash flow forecasts.
Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial – No Payment Required
German Stocks Mixed; DAX Marks Record Before Pullback
2026-08-05 09:47:42
