The German leading index can temporarily continue its record rally on Tuesday and get a little closer to the 25,000 point mark.
The DAX started Tuesday trading 0.14 percent higher at 24,904.68 points, at a new record high. Shortly afterwards he increased the record to 24,916.42 points before changing direction and giving up the winnings again. The German leading index is currently roughly at the previous day’s level. However, if investors decide to buy again during the day, the leading German index could possibly break the 25,000 point mark for the first time.
The latest DAX record
Yesterday, Monday, the DAX marked its first new all-time high since October 2025 during trading at 24,872.92 points. Ultimately, it ended the day at 24,868.69 points, which also meant a new record based on the closing price.
This is what is currently driving the DAX
“The DAX is starting the year with a new wave of optimism,” commented market analyst Jochen Stanzl from Consorsbank. Because of the federal government’s billions in infrastructure and armaments, the prospect of a revival of the German economy in the new year is once again seen as an important price driver for the DAX. Over the course of the day, consumer price data from Germany will now be in focus, among other things.
US stock exchanges are also on record
The US attack on Venezuela is not causing uncertainty on the world stock exchanges. On the US stock exchanges, the Dow Jones Industrial managed to surpass its previous record high from December. Investors had placed their bets primarily on oil stocks that could benefit from a possible reconstruction of the Venezuelan oil industry. There is also hope that oil prices will fall, which in turn would be good for the global economy, reducing inflationary pressure and could mean further interest rate cuts.
Editorial team finanzen.net / dpa-AFX / Dow Jones Newswires
Image sources: Aleksandra Gigowska / Shutterstock.com, Maksim Kabakou / Shutterstock.com
