DAX edges up as investors await Fed, Ifo data

de.investing.com (German)

Frankfurt's DAX stock index rose 0.30 percent to 26,184 points in early trading Tuesday, though investors remained cautious ahead of key events this week. Quarterly results are due Wednesday, and Federal Reserve Chair Kevin Warsh speaks Friday at Jackson Hole. Falling oil prices supported the market, while US Treasury Secretary Scott Bessent offered no concrete measures against Iran. The Ifo business climate index is released Tuesday morning. Chip stocks recovered ahead of Nvidia's earnings, with UBS raising its 2027 global AI investment forecast to $1.2 trillion.


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