Germany: DAX Finishes at Over 2-Week High.

Frankfurt's DAX 40 rose further to close about 1.2% firmer at 24,889 on Friday, the highest in over two weeks, driven largely by tech momentum and some hopes for a breakthrough in US-Iran talks. On the data front, German consumer sentiment improved slightly heading into June, defying expectations of a further decline, as did business sentiment, despite remaining near multi-year lows. Infineon Technologies led gains among stocks, surging over 7%. Deutsche Post (+3.9%) also saw strong buying after Deutsche Bank upgraded the stock to “buy” from “hold.”. Puma and Adidas advanced 5.9% and 2.4%, respectively, following strong results from US rival Deckers Outdoor, with World Cup expectations also playing a role. Top losers included Vonovia (-5.3%) and Fresenius Medical Care (-3.9%). For the week, the index advanced roughly 4%.