The DAX in Frankfurt closed about 03% down at 24,072 on Monday, while other regional indices delivered mixed results. Investor focus remains on trade and geopolitical developments ahead of the long-awaited meeting between President Trump and Russian President Vladimir Putin, scheduled for Friday. This will be their first summit since 2019 and is expected to address a possible resolution to the war in Ukraine, potentially involving territorial concessions. Meanwhile, investors are awaiting the latest US inflation figures tomorrow and a possible extension of the customs truce between Washington and Beijing. On the corporate front, defense equities such as Rheinmetall and Renk were particularly hit, falling up to 4.6% amid hopes for a Ukraine peace deal. Heidelberg Materials, Zalando, Adidas, and Siemens also ranked among the top losers. In contrast, shares of Commerzbank and Siemens Energy stood out with notable gains, adding more than 3% each.