German stocks bounced back on Tuesday, with higher commodity prices and stronger-than-expected quarterly results from
Meanwhile, survey results from the market research group GfK showed earlier today that German consumer confidence is set to fall sharply in January, largely due to the restrictions imposed amid the fourth wave of the pandemic and rising inflation.
The forward-looking consumer sentiment fell to -6.8 in January from -1.8 in December. The expected reading was -2.7.
The benchmark DAX rose 88 points, or 0.6 percent, to 15,327 after losing 1.9 percent in the previous session.
Sporting goods makers Adidas and
Semiconductor manufacturing firm