After the strong middle of the week, there are signs of a slight countermovement on the German stock market on Thursday. However, the record high remains in sight.
After the significant increase on Wednesday, the DAX will see a small correction on Thursday. At the start of trading, the stock market barometer lost 0.32 percent to 25,198.38 points and remained in red territory as the trading progressed.
Long-term upward trend intact?
With a daily high of 25,315 points the day before, the DAX reached its highest level since mid-January 2026. At the same time, this year’s record high was once again within reach. According to experts, only a drop below 25,000 points would cloud this perspective again for the time being.
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.
Fed minutes dampen sentiment
Although the major US indices recovered on Wednesday, they were unable to fully maintain their level from the European close. The minutes of the Federal Reserve meeting at the end of January, which highlighted the risks of persistently high inflation, had a particularly negative impact. Expectations of an imminent interest rate cut by the Fed had recently moved further back anyway.
Editorial team finanzen.net / Dow Jones / dpa-AFX