DOW JONES–After the previous day’s rally, Europe’s stock exchanges started trading on Tuesday with small discounts. New US military strikes only have a slight impact on the mood. According to a senior US official, the US Army sank two boats belonging to Iran’s Islamic Revolutionary Guard Corps that were laying mines. Iran then began firing surface-to-air missiles at US fighter jets. This in turn prompted the US to attack a missile launch pad near Bandar Abbas, the official said.
The skirmishes do not appear to be unsettling investors any more. Rather, they are betting that a peace agreement will be reached between Iran and the USA in the coming days, even if not all detailed questions will be fully clarified. What is particularly important for investors is that shipping traffic through the Strait of Hormuz slowly resumes. In the past few days, several tankers have been able to pass through the strait.
The price of Brent oil rose by around 3 percent to $99 a barrel this morning, but remains well below its recent highs. Yields on the bond markets are still falling sharply in some cases, which is a clearly positive signal. The DAX lost 0.4 percent to 25,283 points, the Euro-Stoxx-50 fell by 0.6 percent.
After the recent rally, chip stocks are falling. This is probably a case of profit-taking. Infineon loses 2.1 percent, ASML 2.5 percent, Aixtron 2.2 percent and Suss Microtec 0.9 percent.
Ferrari shareholders welcome the introduction of Luce with discounts of 6.8 percent. The first fully electric car features a completely new design and deliberately stands out from the traditional brand. This may not please everyone, they say. Some investors probably feared that Ferrari would scare away regular customers. However, the price losses appeared to be exaggerated; the last word has probably not yet been spoken here, it is said, just as with the assessment of Luce. Equita is more skeptical: Luce’s sales figures are likely to be manageable.
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INDEX last +/- % +/- abs. Close previous day +/- % YTD
Euro Stoxx 50 6,099.16 -0.6 -37.50 6,136.66 5.3
Stoxx-50 5,248.79 -0.1 -6.75 5,255.54 6.7
DAX 25,282.83 -0.4 -106.27 25,389.10 3.2
MDAX 32,556.84 -0.8 -251.06 27,039.42 6.3
TecDAX 4,055.18 -1.0 -41.31 3,091.28 11.9
SDAX 18,855.45 -0.1 -16.48 13,062.07 9.8
FTSE 10,539.99 +0.7 73.73 10,466.26 6.1
CAC 8,209.49 -0.6 -48.77 8,258.26 0.7
SMI 13,582.34 +0.6 79.13 13,503.21 2.4
ATX 6,116.50 -0.5 -31.74 6,148.24 14.8
FOREIGN EXCHANGE last +/- % +/- abs. End of previous day Mon, 7:01 p.m
EUR/USD 1.1637 -0.1 -0.0006 1.1643 1.1640
EUR/JPY 185.24 +0.1 0.2300 185.01 184.9700
EUR/CHF 0.9127 +0.2 0.0015 0.9112 0.9113
EUR/GBP 0.8637 +0.2 0.0018 0.8619 0.8618
USD/JPY 159.17 +0.2 0.2800 158.89 158.8900
GBP/USD 1.3471 -0.2 -0.0030 1.3501 1.3500
USD/CNY 6.7859 +0.0 0.0017 6.7842 6.7842
USD/CNH 6.786 +0.0 0.0023 6.7837 6.7826
AUS/USD 0.716 -0.2 -0.0013 0.7173 0.7172
Bitcoin/USD 76,632.65 -0.7 -574.46 77,207.11 77,718.04
ROHOEL last +/- % +/- abs. End of the previous day
WTI/Nymex 92.58 -4.2 -4.02 96.6
Brent/ICE 99.25 +3.2 3.11 96.14
Metals last +/- % +/- abs. End of the previous day
Gold 4,534.29 -0.8 -36.27 4,570.56
Silver 76.34 -2.2 -1.74 78.08
Platinum 1,947.10 -1.0 -20.52 1,967.62
(Information provided without guarantee)
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(END) Dow Jones Newswires
May 26, 2026 03:54 ET (07:54 GMT)