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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
DAXStocks

DAX Hits Fresh Highs, Outperforms

The DAX in Frankfurt was 0.6% firmer around 25,045 on Wednesday, setting fresh record highs and outperforming its European peers. Investors digested benign inflation data from the Eurozone, which prompted them to push back bets on ECB rate hikes by year-end, while continuing to monitor geopolitical developments, including President Trump’s controversial Greenland comments. Heildelberg Materials, E.ON and MTU Aero Engines led the pack, rising 2.7%, 2% and 2%, respectively. Siemens climbed 1.9% following its announcement of a deal with chipmaker Nvidia, while Bayer rose 1.1% after revealing it had filed lawsuits against Covid-19 vaccine makers Pfizer, BioNTech, and Moderna, alleging they used its mRNA technology in their vaccines. Defense names Hensoldt (1.4%), Rheinmetall (1.3%), and Renk (0.7%) were also in demand.

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