FRANKFURT (dpa-AFX) – The Dax shook off its temporary weakness in the afternoon on Tuesday and headed towards 22,900 points. The record high of the German stock market barometer now stands at just under 22,883 points. Support came from the US stock markets, where the technology sector in particular shook off its losses from the start of trading after the holiday-related extended weekend.
The Dax ended the day up 0.20 percent at 22,844.50 points. The MDax, the index of mid-caps, rose by 0.54% to 28,306.85 points and reached its highest level since August 2023.
“Investor optimism seems to remain unbroken,” said market analyst Konstantin Oldenburger from broker CMC Markets, summarizing the mood. Regardless of whether inflation in the US is rising again, tariffs from the White House against Europe are looming or a possible realignment of the balance of power in the global security architecture is in the offing, “even in…
