DAX Ends at Near 3-Month High

Trading Economics
2025.10.02 16:02
portai
I'm PortAI, I can summarize articles.

Frankfurt's DAX rose 1.3% to close at 24,438, marking a near 3-month high, driven by global optimism around AI despite US government shutdown concerns. Siemens surged 4.2% on potential spin-off news, while Siemens Energy gained 4.1% after a price target increase by Berenberg. Tech stocks like Infineon Technologies and SAP also saw gains following OpenAI's share sale, reinforcing the positive market sentiment.