DAX reaches historic mark of 20,000 points for the first time

The German benchmark index DAX has exceeded the 20,000-point mark for the first time in its history, causing a stir on the European stock exchanges. The index rose by up to 0.5% on Tuesday, continuing the upward trend of European stock markets for the fourth consecutive session. Market observers are undeterred by political uncertainties in France as well as the looming US tariffs under the Trump administration. This positive sentiment is primarily linked to the robust economic development that fuels investor optimism.