DAX defends well despite weak US cues - Vonovia significantly stronger after strong results and forecast revision - Beiersdorf plummets double-digit after profit warning - Arista Networks and Astera Labs with stock skyrocketing after strong results!

The DAX remains stable despite weak US cues, currently gaining 0.14% . Positive impulses at the start of trading are driven by speculation about a possible ceasefire in the Russia-Ukraine conflict. Stocks from the real estate sector are particularly strong, following leading company Vonovia (+2.70%) revising its annual forecast upwards after a strong half-year result. TAG Immobilien and LEG Immobilien are also showing gains. In contrast, Beiersdorf (-12.94%) is facing significant declines after the beauty and cosmetics company lowered its annual...