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The German DAX rose 48 points (0.18%) on Friday, driven by strong rallies in auto stocks Volkswagen and Porsche, along with Infineon. Downside was cushioned but limited by modest drops in Daimler Tru…
The DAX Index rose by 0.77% on Friday, closing at 26570 points. The gains were driven by strong performances in major automotive stocks, offsetting declines in Rheinmetall, Scout24, and Fresenius.
The GER40 reached a record high, driven by strong performance in auto stocks and broad sectoral gains, despite traders assessing hawkish comments from former Fed Governor Warsh regarding inflation.
Tesla shares rose 5.2% after Cantor Fitzgerald raised its price target to $510, citing production milestones and growth in Energy and Full Self-Driving segments, supported by positive US-China trade …