CORRECTION (2026-07-12): An earlier version of this article included a key point and closing line stating SpaceX shares opened in negative territory. That material has been removed and adjacent wording lightly adjusted for readability; the substance of the article is otherwise unchanged. Corrected on 2026-07-12.
The German DAX index opened under pressure on Tuesday, trading below the psychologically significant 25,000-point mark as investors digested a sharp rebound in oil prices.
The benchmark index, which had closed above the threshold on Monday following a framework agreement between the United States and Iran, is now facing renewed selling pressure as geopolitical risks resurface.
Oil prices climbed in early trading, reflecting heightened concerns over supply disruptions amid escalating tensions in the Middle East.
The reversal from Monday's relief rally underscores how quickly market sentiment can shift when geopolitical headlines dominate the agenda.
European equities, including the broader Stoxx 600, are expected to remain range-bound as traders weigh the diplomatic breakthrough against persistent energy market volatility.