After the strong holiday trading on Ascension Day, the DAX initially went downwards again on Friday.
The DAX opened with a discount of 0.93 percent at 24,229.29 points. As he continues, he increases the losses.
200-day line in view
This means that it also slips below the 200-day line at currently 24,118 points. The trend barometer is currently running sideways and thus signals a trendless DAX – with clear swings in both directions.
Record rally on Wall Street continues
The market-wide US index S&P 500 climbed above 7,500 points for the first time the evening before and is thus approaching a 10 percent annual increase. Stephen Innes from SPI Asset Management spoke of an “AI mania” that had turned Wall Street into a “momentum machine”. In the technology selection index NASDAQ 100 there is already an annual increase of 17 percent. For comparison: The DAX has been minimally in the red so far in 2026.
Trump’s China visit remains in focus – oil prices weigh on sentiment
However, the strong template from the USA will be overshadowed by clear losses in Asia in the morning. According to Innes, the advance praise of the meeting between the presidents of China and the USA will be collected again. The situation may have eased somewhat, but the “structural rivalry” remains unbroken. Oil prices, which have recently been high again, are continuing to rise due to the still unresolved war between the USA and Iran.
DAX record last in January
The gap to record levels remains on the German stock market. On January 13th, the DAX reached an all-time high of 25,507.79 points. Ultimately, it ended trading that day at 25,420.66 points, which also set a record based on the closing price.
Alexandra Hesse, editorial team at finanzen.net with material from dpa-AFX and Dow Jones Newswires