The leading German index continues to rise on the second trading day of the year. A new record high is even recorded.
The DAX started the second trading day of the year up 0.58 percent at 24,681.35 points and remained in green territory afterwards. At 24,825.41 points, it even set a new record high in early trading and exceeded its previous record from October 2025.
The prospect of a revival of the German economy in the new year is driving the DAX on Monday. Towards the end of 2025, investors had already increasingly placed their bets on an economic recovery in Germany – supported by the government’s infrastructure and defense spending as well as planned measures to reduce bureaucracy.
The US action against the South American oil state Venezuela is not causing uncertainty on the markets.
Previous DAX records
The DAX last marked a new all-time high on October 9, 2025 at 24,771.34 points. Ultimately, it ended the day at 24,611.25 points, which also meant a new record based on the closing price.
Oil prices in view: US military operation in Venezuela only has a slight impact
Oil prices fell slightly on Monday. The background is, among other things, US President Donald Trump’s intention to boost oil production in Venezuela with the support of large US companies. Lower energy prices in the future could have a positive impact on economic development.
Can the German stock market continue to benefit in 2026?
In addition to the hope of a revival of the previously weak German economy in the new year, analyst Frank Sohlleder from the trading company Activtrades sees additional impetus in the moderate valuation of the DAX compared to the sharply increased US indices: “There are increasing signs of a significant capital rotation: Investors could withdraw funds from the USA and redeploy them into the cheaper European blue chips.” Nevertheless, the market dynamics remain fragile for the time being, as the trading volume only gradually increases again after the holidays.
Numerous economic data in the focus of investors
In the new trading week, numerous economic data will initially come into focus. The schedule is particularly tight on Tuesday with the publication of the German inflation figures. On Friday, the focus will be on the monthly labor market data from the USA, which is important for the US Federal Reserve’s monetary policy.
Editorial team finanzen.net / dpa-AFX / Dow Jones Newswires