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DAX Holds Near 24,000 After Record Surge, Investors Eye Global Risks

The German benchmark index experiences a slight dip following its historic climb, as technical indicators suggest overbought conditions and geopolitical tensions influence broader markets.

Eine Anzeigetafel mit Kursen von Unternehmen sowie der DAX-Kurve
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Overview

  • The DAX index reached an all-time high of 24,082 points on May 19, 2025, before pulling back slightly to 23,963 early Wednesday trading.
  • Investors remain cautious about profit-taking, with the index up 30% over six weeks since its 'Panic Monday' low.
  • Brent crude prices rose 1.6% to $66.42 per barrel following reports of a potential Israeli strike on Iranian nuclear facilities, raising supply concerns.
  • Infineon and Nvidia announced a collaboration to develop advanced power-supply chips for AI data centers, leveraging high-voltage DC architecture.
  • Bitcoin surpassed $108,000, nearing its previous record, as cryptocurrency interest surges alongside global market activity.