After conciliatory tones from Washington the evening before gave hope for an easing of tensions in the Middle East conflict, the DAX made gains.
The DAX started the session 1.4 percent higher at 24,549.25 points. Over the course of the day it remained clearly on the winning track and finally said goodbye to the weekend with an increase of 1.76 percent at 24,635.30 points.
Trump cancels military strikes against Iran at short notice – negotiations on the verge of a breakthrough
US President Donald Trump surprisingly canceled the planned heavy air strikes on Iran. As the Republican announced on the Truth Social platform, direct discussions with the highest Iranian leadership led to entry. According to Trump, negotiations for a peaceful settlement of the conflict are close to a successful conclusion. Accordingly, the details and final agreements have already been approved by all key players – including the USA, Israel, Saudi Arabia, Turkey and other regional partners. A ceremonial signing of the agreement should take place soon; According to Trump, the location and date will be announced shortly.
Appointment of the day: SpaceX IPO on the NASDAQ
On Friday, SpaceX’s record IPO in the USA came into focus, which will soon be followed by the AI platforms Anthropic and OpenAI. With a valuation of almost 1.8 trillion dollars, Elon Musk’s space company is immediately worth more than the Facebook group Meta, although the pure business figures are in stark contrast. According to Eckhard Schulte of MainSky Asset Management, the success of the IPOs is important to confirm the vitality of the AI investment story.
DAX record last in January
The distance from the record level remains the focus for 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.
Claudia Stephan, Alexandra Hesse, Julia Walter, finanzen.net editorial team with material from dpa-AFX and Dow Jones Newswires