Overview
- The DAX opened modestly lower and remained under 25,000, with a heavy slate of earnings and an ongoing shift toward chemicals and industrials shaping flows.
- Siemens Energy jumped more than 5% after a strong quarter highlighted robust power demand tied to AI data centers, as JPMorgan reiterated an Overweight rating.
- Lufthansa shares fell over 3% after the carrier flagged a full-day strike by pilots and flight attendants on Thursday in a dispute over pensions.
- Gerresheimer plunged by nearly one-third after delaying its accounts due to reported inconsistencies, rattling sentiment in smaller caps.
- Wall Street closed mixed with the Dow holding near 50,000 after an intraday high, as traders await fresh U.S. labor data and digest signals that Fed rates could stay unchanged for longer.