The DAX 40 rose 0.4% to surpass 26,200 on Tuesday, following a downbeat session in the prior day, amid some relief after the latest US sanctions on Iran proved less severe than feared. US Treasury Secretary Scott Bessent announced Monday a global sanctions program targeting countries that maintain economic and trade ties with Iran, but traders saw limited risks to oil supplies. In the meantime, chip stocks attempted to stabilize following a weak performance on Monday, with investors positioning ahead of Nvidia’s earnings report. Infineon Technologies led gains, rising more than 2%, along with AI-related stocks. Siemens Energy also ranked among the top performers, advancing 1.4% after reports that the company had commissioned Goldman Sachs to prepare for a potential sale of its majority stake in its steam turbine business.