FRANKFURT (dpa-AFX) – On Thursday, the DAX came a step closer to its record high from mid-March. This was triggered by hopes of relief in the US tariff dispute and the first major trade agreement concluded by the United States with the United Kingdom. At the same time, one of the hottest days of the reporting season came to an end.
The German benchmark index closed with a gain of 1.02 percent at 23,352.69 points. At midday, it was less than 70 points away from its record high of around 23,476 points.
In the global tariff conflict, progress is being made between the United States and the United Kingdom. According to US President Donald Trump, both countries have agreed on a trade agreement. For the United States, this is the first major deal since the far-reaching punitive tariffs were imposed at the beginning of April. On the other hand, the US government does not want to allow the restrictions on the export of AI…
