dax
German Stocks Rally: DAX Prints Another Record, Closing above 24K
European stock markets closed mixed, with Dax printing a new record, while U.S. equities trimmed earlier losses and commodity prices pushed.
Quick overview
- European stock markets closed mixed, with Germany's DAX reaching a new record high driven by manufacturing optimism.
- The UK FTSE 100 and Spain's IBEX 35 posted slight gains, while Italy's FTSE MIB experienced the largest decline due to financial sector pressures.
- U.S. equities recovered from earlier losses, with the Dow closing slightly higher, while the S&P 500 and Nasdaq fell but rebounded from session lows.
- Commodity prices rose, with crude oil and gold gaining, while Bitcoin continued its decline amid weaker sentiment.
Live DAX Chart
MARKETS TREND
European stock markets closed mixed, with Dax printing a new record, while U.S. equities trimmed earlier losses and commodity prices pushed higher.
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Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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