FRANKFURT (dpa-AFX) – The DAX continued to pay tribute to its recent record run on Tuesday. In view of the ongoing trade talks between the US and China, investors were unwilling to take any risks. “After the impressive rally in recent weeks, many investors are welcoming a period of consolidation on the DAX,” commented financial market expert Andreas Lipkow.
At the close of trading, the German benchmark index lost 0.77 percent to 23,987.56 points. This kept it just above the 21-day line, which is important for the short-term trend, but it was unable to hold above the much-watched 24,000-point mark. Just last Thursday, the DAX had reached a new high of 24,479 points.
Since the beginning of the year, it is still up 20.5 percent – significantly more than the other major European indices, not to mention the US stock markets. The MDax, which also performed strongly in 2025, ultimately fell by 1.05 percent to 30,548.82…
