DAX rises 129 points: ASML lifts tech stocks at midday
Published on 10/14/2026 at 13:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTechnology demand and afternoon risks
- The DAX L&S indication stood at 25,435 points, up 129 points or 0.5 percent at 1:25 p.m. CEST.
- ASML rose 1.8 percent after lifting its full-year 2026 sales outlook.
- Rheinmetall led L&S gainers with a 3.0 percent advance at 12:23 p.m. CEST.
- US CPI is due at 8:30 a.m. ET, with 3.6 percent annual inflation expected.
The DAX is up 129 points, or 0.5 percent, at 25,435 points on October 14, 2026 at 1:25 p.m. CEST, based on the L&S indication from L&S. ASML's stronger outlook for artificial-intelligence chip demand is supporting European technology shares, Reuters reports.
Rheinmetall was the strongest DAX stock in L&S trading, rising 3.0 percent at 12:23 p.m. CEST. Vonovia and MTU Aero Engines also gained, while Zalando and Hannover Rueck were among the weakest shares, Finanzen.ch reports.
Why is the DAX higher at midday?
ASML rose 1.8 percent after raising its full-year 2026 sales outlook. The chip-equipment maker said artificial-intelligence demand is strong enough to exceed planned customer capacity in 2027 and 2028, according to Reuters.
The Xetra DAX opened at 25,322.08 points after Tuesday's close at 25,259.90 points. It reached 25,423.58 points and a low of 25,279.23 points by 12:08 p.m. CEST, when it was up 0.6 percent at 25,413.98 points, Finanzen.ch reports.
DAX winners and losers
The following winners and losers were recorded in L&S trading at 12:23 p.m. CEST, according to Finanzen.ch:
- Rheinmetall up 3.0 percent
- Vonovia up 2.8 percent
- MTU Aero Engines up 2.5 percent
- Zalando down 1.1 percent
- Hannover Rueck down 1.0 percent
- Volkswagen down 0.9 percent
What comes next for the DAX
- October 14, 2026, 8:30 a.m. ET: US September consumer prices are due; consensus calls for 3.6 percent annual inflation and 0.6 percent monthly inflation, Yahoo Finance reports.
- October 14, 2026, 2:00 p.m. ET: The Federal Reserve is scheduled to publish its Beige Book, listed in the economic calendar.
