Frankfurt (dpa -AfX) – The DAX continued its record hunting on Tuesday. The relief of the EU tariffs postponed by US President Donald Trump was preserved, especially after he was optimistic in the afternoon in the trade dispute. Robust US economic data also helped: the mood of the consumers in the United States had lightened unexpectedly in May.
In the top, the DAX rose to over 24,300 points. At the end of the trade, he gained 0.83 percent to 24,226.49 points, which has expanded his increase to around 22 percent since the beginning of the year. The MDAX of medium -sized companies has reached the highest level in three years and closed 0.80 percent higher to 30,632.05 points. Shares of medium -sized and smaller companies in particular are increasingly perceived as profiteers of the billion dollar investment package in infrastructure and defense launched by the new federal government.
In the customs dispute between the United States and the EU a few days ago, the waves seem to smooth themselves. He had been informed that EU representatives had reported to quickly determine appointments for meetings, Trump had Trump Truth Social, who was announced on his online language tube. That is “positive”. He hoped that the EU would open up more to trade with the USA. On Friday, Trump had surprisingly threatened the EU with punitive tariffs of 50 percent from June 1st, only to push them up for a good month on Monday night./Ajx/he