European Sentiment is Weaking as the DAX Trims 3% on Euphoric Gains

• European stock market sentiment is weakening after an euphoric opening. Futures on the DAX (DE40) are down 3%, while the cash DAX is up 5.7%.
• Infineon, Adidas, Wacker Chemie, and Duerr are among the strongest performers on the German stock market.
• It remains uncertain whether Europe will suspend or modify the 25% tariffs on the United States, which were scheduled to take effect on April 15.
• Marshall Wace has reduced its short position in E.ON to 0.5%; the stock is gaining over 2%.
• Infineon will acquire Marvell’s automotive semiconductor business; the acquisition will not change the company’s risk profile and is expected to boost revenue by 2% year-on-year in 2026, according to S&P Global.

Sentiment on the European stock market is positive today, supported by the prospect of a 90-day suspension of U.S. trade tariffs. Yesterday, the U.S. Nasdaq posted its biggest one-day gain in 23 years, soaring over 12% in a single session. This move has fueled risk appetite and raised hopes for a return of a global equity bull market. However, today we are seeing some profit-taking and a slight cooling of the euphoric rally. Euphoric rebounds are also observed in the fashion and aerospace-defense sectors, where shares of Rheinmetall, Safran, LVMH, and Hermès are rising. Key data for market sentiment, also in Europe, will be released from the U.S. at 1:30 PM GMT — CPI figures and initial jobless claims.

DE40 Chart (H1 Interval)

The DE40 is down 3% today, with selling pressure emerging at the line of least resistance, which still appears to be trending downward. The decline also coincided with the 38.2% Fibonacci retracement of the March 2025 downtrend.

Source: xStation5

Infineon (IFX.DE)

Infineon shares are up over 10% but are correcting their initial rebound, falling from €29 to €27 after the German market opened.

Source: xStation5

Adidas (ADS.DE)

Adidas shares are rebounding by more than 10% today, making it the strongest performer in the German DAX index. The stock remains approximately 10% below its 200-session moving average.

Source: xStation5

The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided for information purposes only and should in no way be construed as an offer or solicitation for a transaction in any financial instrument, nor should the information provided be construed as advice of a legal or financial nature on which any investment decisions you make should be based exclusively To your level of understanding, investment objectives, financial situation, or other specific needs, any decision to act on the information published on the Website or sent to you by other means is entirely at your own risk if you In doubt or unsure about your understanding of a particular product, instrument, service or transaction, you should seek professional or legal advice before trading. Investing in CFDs carries a high level of risk, as they are leveraged products and have small movements Often the market can result in much larger movements in the value of your investment, and this can work against you or in your favor. Please ensure you fully understand the risks involved, taking into account investments objectives and level of experience, before trading and, if necessary, seek independent advice.