DAX Hits Record High as Defense, Financials Rally 0.53%
DAX hit a record high, up 0.53% to 26,432, led by defense, industrials, and financial stocks, despite declines in utilities and chipmakers amid sector-specific news.
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DAX hit a record high, up 0.53% to 26,432, led by defense, industrials, and financial stocks, despite declines in utilities and chipmakers amid sector-specific news.
European markets rose on Iran peace deal optimism and defense spending increases. DAX gained 1.1% as Saab surged on Swedish frigate purchases and Rheinmetall advanced on geopolitical tensions.