German stocks moved higher on Tuesday as oil prices fell amid Middle East peace hopes following Iran and Israel agreeing to halt attacks against each other.
Data showing an increase in Germany's industrial output in the month of April, and a faster pace of growth in exports contributed as well to the positive sentiment in the market.
The benchmark DAX was up 129.56 points or 0.53% at 24,771.41 a little over half an hour before noon.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.