Uncertainties in Trade Negotiations Between China and the USA Weigh on Sentiment, Qualcomm Firm after Alphawave Acquisition, Plug Power Soars by 30% after Major Order!

Dear traders,  The DAX is under significant pressure at midday, currently trading -0.52% in negative territory after a weaker market opening. Heavyweights from the defense segment, such as Rheinmetall (-2.7%), Renk (-7.8%), and Hensoldt (-2.5%) , which had seen significant gains during the rally of recent weeks due to increased NATO defense budgets, are performing notably weaker. In contrast, stocks from defensive sectors, such as the medical technology company Drägerwerk (+1.1%) and the energy company E.ON (+1.1%) , are holding up well in...