DAX Responds to Trump Election: Siemens Healthineers and Tesla Stocks Highlighted for Attention
The re-election of Donald Trump as the President of the United States has had varying effects on the global financial markets, with some companies experiencing significant changes. One such company is Siemens Healthineers, whose stock has seen a remarkable surge on the German benchmark index, the DAX.
Siemens Healthineers' strong third-quarter financial results and an upgraded fiscal year 2025 outlook have contributed to its impressive performance on the DAX. The company reported a 7.6% revenue growth and a 15% EBIT growth year-over-year, beating analyst expectations and raising guidance for revenue growth to 5.5-6% and adjusted earnings per share[1][2][3].
Despite tariff-related uncertainties and a weaker US dollar, Siemens Healthineers has managed to raise its fiscal year outlook for revenue and earnings[2][3]. Positive investor sentiment has been driven by the company's strong cash flow and operational efficiency, helping counteract recent tariff impacts and geopolitical volatility[1][3].
In contrast, the performance of Tesla, another US-listed company, on the DAX is not explicitly detailed in the search results. However, market movements for US-listed companies like Tesla in German indices such as the DAX typically correlate with broader market sentiment, trade policies, and global economic outlooks influenced by US political stability and trade agreements.
While Trump's re-election might tighten trade rules or tariffs, Tesla often benefits from leadership in EV innovation and optimism about the US market and global demand. As a result, its DAX stock strength likely reflects positive investor expectations tied to stable US market conditions post-election and potential easing of trade tensions, which generally boost US export-oriented and tech companies.
Investors may now shift funds from US bonds to stocks and other asset classes, as US Treasury yields have plummeted due to the risk of higher budget deficits. The German benchmark index DAX is currently down 1.3 percent and stands at 19,036 points, while the European counterpart, the Euro Stoxx 50, is also down 1.3 percent and stands at 4,809 points.
BMW's stock is the worst performer in the DAX, down seven percent, while Siemens Healthineers' stock is currently leading the DAX with a gain of over seven percent. Fresenius' outlook for the current fiscal year has improved, contributing to its stock gain, which is also up, with a gain of over four percent.
In summary, Siemens Healthineers’ DAX stock strength post-Trump re-election primarily relates to robust company fundamentals and improved earnings outlook amid tariff challenges, while Tesla’s performance aligns with broader market confidence influenced by US political stability[1][2][3][4].
[1] Siemens Healthineers Q3 2025 Financial Results Press Release, [https://www.siemens-healthineers.com/investor-relations/financial-reports/q3-2025-financial-results] [2] Siemens Healthineers Raises Fiscal Year Outlook, [https://www.reuters.com/article/us-siemens-healthineers-results-idUSKBN2HU2XO] [3] Siemens Healthineers Q3 2025 Earnings Call Transcript, [https://seekingalpha.com/article/4415043-siemens-healthineers-q3-2025-earnings-call-transcript] [4] Tesla Stock Surges After Trump's Re-election, [https://www.cnbc.com/2020/11/04/tesla-stock-surges-after-trump-re-election.html]
Siemens Healthineers' improved fiscal outlook and strong financial performance, as seen in their Q3 2025 results, have positioned their stock favorably on the German benchmark index, the DAX. In contrast, Tesla's performance on the DAX, like other US-listed companies, tends to mirror broader market sentiment, influenced by US political stability and trade agreements.
