--- title: "DAX Rises Nearly 0.6% On Renewed Hopes Of U.S.-Iran Peace Talks" type: "News" locale: "en" url: "https://longbridge.com/en/news/284193763.md" description: "German stocks rose nearly 0.6% as investor sentiment improved following reports of Iran's peace proposal to the U.S. aimed at easing the Middle East conflict. The DAX index increased by 137.13 points to 24,278.00. Key gains were seen in Siemens (up 3.7%) and Nordex (up 12% after strong earnings). However, German consumer sentiment is expected to decline sharply in May due to rising inflation, with the consumer confidence index dropping to its lowest since February 2023. Investors are also anticipating interest rate decisions from major central banks." datetime: "2026-04-27T10:15:32.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284193763.md) - [en](https://longbridge.com/en/news/284193763.md) - [zh-HK](https://longbridge.com/zh-HK/news/284193763.md) --- # DAX Rises Nearly 0.6% On Renewed Hopes Of U.S.-Iran Peace Talks (RTTNews) - German stocks moved higher on Monday as reports saying Iran has sent a peace proposal to the US aimed at easing the ongoing Middle East conflict lifted investor sentiment. According to reports, Iran gave the United States a new proposal on reopening of the Strait of Hormuz and ending of the war, with nuclear negotiations postponed for a later stage. The new proposal, reportedly given to the US via the Pakistani mediators, focuses on solving the crisis over the strait and the US blockade first. As part of that, the ceasefire would be extended for a long period or the parties would agree on a permanent end to the war. The White House has received the proposal but it's unclear whether the US is willing to explore it. Investors also looked ahead to interest rate decisions several central banks, including the U.S. Federal Reserve, the European Central Bank, the Bank of Japan and the Bank of England. The German benchmark DAX was up 137.13 points or 0.57% at 24,278.00 a little past noon. Siemens climbed 3.7%. Infineon Technologies, Rheinmetall, Adidas and Commerzbank gained 1.7%-2%. Zalando moved up 1.5%, while Scout24 and Brenntag gained 1.2% and 1%, respectively. RWE, Heidelberg Materials, Deutsche Bank, BASF and Deutsche Post posted moderate gains. Shares of wind turbine manufacturer Nordex soared 12% after the company's first-quarter earnings surpassing analysts' expectations. Merck drifted lower by 1.7%. Hannover RE, Continental, Muich RE, Siemens Energy, GEA Group and Fresenius shed 0.5%-1.2%. In economic news, the latest results of the NIM Consumer Climate powered by GfK showed German consumer sentiment is set to deteriorate sharply in May as income expectations collapsed due to rising inflation amid the war in Iran. The forward-looking consumer confidence index fell to -33.3 in May from -28.1 in April. This was the lowest score since February 2023. The economic expectations index, which measures consumers' outlook for the German economy over the coming twelve months, dropped 6.8 points to -13.7 in April. Income expectations plunged 18.1 points to -24.4 in April largely driven by cooling economic expectations and rising price expectations. The willingness to buy dropped 3.5 points to -14.4, marking a two-year low in a long-term comparison, GfK said. At the same time, the willingness to save indicator fell to 16.1 from 18.5 in the previous month. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. ### Related Stocks - [SIE.DE](https://longbridge.com/en/quote/SIE.DE.md) - [NDX1.DE](https://longbridge.com/en/quote/NDX1.DE.md) - [XDDX.DE](https://longbridge.com/en/quote/XDDX.DE.md) ## Related News & Research - [€1 Billion To Be Invested In German Electric Truck Charging](https://longbridge.com/en/news/286301088.md) - [Siemens Unveils 6 Billion Buyback After Orders Rise 11%](https://longbridge.com/en/news/286355107.md) - [IRAN'S FOREIGN MINISTRY SPEAKS ABOUT CONTINUING MESSAGE EXCHANGES WITH THE U.S. REGARDING IRAN'S 14-POINT PROPOSAL.](https://longbridge.com/en/news/287099398.md) - [TRUMP SAYS MORE FIGHTING TO COME UNLESS IRAN GETS SMART](https://longbridge.com/en/news/287097488.md) - [IRAN ALSO DEMANDING END TO ALL FIGHTING INCLUDING IN LEBANON AND RELEASE OF IRANIAN ASSETS - FOREIGN MINISTRY SPOKESPERSON](https://longbridge.com/en/news/287099734.md)