Frankfurt shares close: Dax at record level despite customs announcement -February 10, 2025 at 11:50 am EST

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FRANKFURT (dpa-AFX) – The DAX set a new record on Monday despite the new tariff announcements by US President Donald Trump. At 21,945.57 points, however, it is only just above the old record set on Friday. At the end of trading, the leading German index was up 0.57% at 21,911.74 points.

It thus continued its winning streak, which was interrupted before the weekend. It has now gained 10 percent since the start of the year – following an already very successful 2024 with growth of almost 19 percent. It was only in January that the Dax passed the last thousand mark at 21,000 points. The MDax of medium-sized companies ended Monday’s trading 1.15 percent firmer at 27,283.95 points.

“It seems as if investors have already made friends with the ‘Trump 2.0’ style of politics after just three weeks. Perhaps also because the unpredictability of the new US president has slowly turned into predictability, at least when it comes to…

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