The DAX is recovering somewhat before the weekend. After initially quiet trading, there were somewhat larger swings in the afternoon.

After the DAX visibly fell yesterday, there will be a recovery on Friday. The stock market barometer started trading with a small increase of 0.11 percent at 25,070.00 points and then moved around the zero line. As he progresses, he is able to expand his gains, but he comes back somewhat from his daily high of 25,331.06 points.

Return to record high?

This means that the leading German index is getting closer to its record high from mid-January. On Wednesday, the DAX had temporarily climbed to 25,315 points before correcting slightly again on Thursday. However, the chart support at the 25,000 point mark ultimately held.

The last DAX record

On January 13th, the DAX reached an all-time high of 25,507.79 points, exceeding the 25,500 point threshold for the first time in its history. Ultimately, it ended the day at 25,420.66 points, which was a new record based on the closing price.

Concerns about US attack on Iran

However, it is questionable how far investors will venture out of cover before the weekend – especially given a possible US attack on Iran and the unclear consequences for the global economy. The price of oil rises accordingly. Meanwhile, negotiations over Iran’s controversial nuclear program continue. US President Trump wants a deal in “maximum” 10 to 15 days.

Economic data at a glance

Economic data is also on the agenda on Friday. In addition to the German producer prices in the morning, investors looked at the European purchasing managers’ indices in the morning. The mood in the companies Eurozone surprisingly brightened significantly in February. The purchasing managers’ index determined by S&P Global rose by 0.6 points to 51.9 points, as S&P announced on Friday in London according to an initial estimate. Economists on average had expected an increase to 51.5 points.

Meanwhile, the US economy lost more momentum in the fourth quarter of 2025 than expected, which is likely primarily due to the federal government’s shutdown. As the Bureau of Ecenomic Analyzes (Bea) announced in an initial publication, the gross domestic product (GDP) grew by only 1.4 percent compared to the previous quarter and extrapolated to the year. The consensus of economists surveyed by Dow Jones Newswires had expected an increase of 2.5 percent. In the third quarter, US GDP grew by 4.4 percent.

Dispute over tariffs: defeat for Trump in the Supreme Court

US President Donald Trump has suffered a defeat before the Supreme Court in the dispute over his aggressive tariff policy. The U.S. Supreme Court ruled that Trump exceeded his authority when he invoked emergency law to impose sweeping tariffs on many trading partners – including the European Union.

Editorial team finanzen.net / Dow Jones / dpa-AFX

Image sources: Aleksandra Gigowska / Shutterstock.com, Pavel Ignatov / Shutterstock.com

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