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DAX Extends Recent Gains, Climbs To Fresh Record High

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

German stocks edged higher to fresh record highs Wednesday morning, extending gains to a third straight session, with investors digesting the latest batch of earnings updates, and continuing to assess the likely impact of U.S. government's trade and economic policies.

Geopolitical concerns and Trump's threat that he might unveil new tariffs of about 25% on automobile imports, semiconductors and pharma products imported to the U.S. effective early April, weighed on sentiment and limited market's upside.

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Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.