DAX 40 Surges to Record Highs on Strong Earnings, Easing Inflation
DAX 40 hit record highs, up 0.7% to surpass 26,480, driven by strong earnings and easing inflation fears, despite Middle East tensions and US-Iran conflict uncertainty.
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DAX 40 hit record highs, up 0.7% to surpass 26,480, driven by strong earnings and easing inflation fears, despite Middle East tensions and US-Iran conflict uncertainty.
DAX 40 hit fresh record highs near 26,460, up 0.50%, led by banks, utilities and industrials. RWE and Thyssenkrupp rallied on strong earnings, while lower oil prices eased inflation concerns.
European stocks rallied to multi-month highs on optimism over Iran-U.S. peace negotiations and falling crude oil prices. Germany's DAX surged 2.01%, with strong gains across industrial, financial, an…