Frankfurt’s DAX 40 inched 0.1% higher toward the 23,600 level on Tuesday, attempting to recover from a 1% drop in the previous session, led by rally in Bayer shares. The agrochemical and pharmaceutical giant surged as much as 15% in early trading, the largest jump in more than 20 years, pushing its year-to-date gain to roughly 80%, following news that the Trump administration urged the US Supreme Court to hear Bayer’s appeal in thousands of lawsuits claiming its Roundup weedkiller causes cancer. Elsewhere in the index, most stocks traded in the red amid a broader risk-off tone, with notable declines in Rheinmetall (-1.9%), Adidas (-1.6%), and Vonovia (-1.2%). Sentiment remained cautious as investors digested sharp overnight moves in cryptocurrencies and Japanese government bonds.
