28.10.202517:12:46UTC+00DAX Ends on Cautious Note

Germany's DAX index narrowed its initial losses to finish slightly lower at 24,279 on Tuesday. Investors were focusing on corporate earnings reports and upcoming decisions from central banks. Anticipation builds for the Federal Reserve's interest rate decision set for Wednesday, with widespread expectations of a 25-basis-point reduction. Meanwhile, the European Central Bank (ECB) is predicted to keep current policies unchanged during its meeting on Thursday, October 30. The market is also keen on developments in the US-China trade talks, as Presidents Trump and Xi are scheduled to meet on Thursday. Symrise emerged as a significant stock mover, declining by 4.4% after it reported a reduction in third-quarter revenue to €1.22 billion from last year's €1.26 billion and downgraded its full-year organic growth projections. Deutsche Börse dropped 1.7%, despite slightly surpassing quarterly forecasts, as challenges in its treasury outcomes continued. MTU Aero Engines saw a minor decrease of 0.1%, even after announcing robust third-quarter results and maintaining its guidance, following Deutsche Bank's price target adjustment from €41 to €36, maintaining a Hold rating.