Business
DAX reaches new record high thanks to US job data
The DAX hit new highs in the afternoon, supported by developments on Wall Street and weak US employment figures.
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The German stock index (DAX) reached a new record level in the afternoon. This development was boosted by positive signals from the US market, especially Wall Street. Investors reacted optimistically to the news.
In the US, the latest employment data shows signs of weakness. This weakness has eased investors' concerns regarding potential interest rate adjustments, which in turn fueled stock prices in Germany.