German Blue-Chip Index Extends Record Run Amid Global Tech Rally

Germany’s premier stock index is demonstrating remarkable strength as the trading month concludes, propelled by a wave of global technology sector enthusiasm that has swept across international markets. The robust quarterly earnings from U.S. giants Apple and Amazon are generating substantial momentum, from which the DAX is drawing significant support. Market participants are now questioning whether this upward trajectory can be sustained or if a technical pullback is imminent.

The celebratory mood faces a critical examination later today with the release of the core PCE inflation index at 14:30 CET. Regarded by the Federal Reserve as its primary inflation gauge, this economic indicator plays a decisive role in Read more...