Dax Reaches New Record High Amid Positive US Earnings Reports

The German stock index Dax surpasses 19,500 points, driven by encouraging US corporate earnings and anticipation of an ECB interest rate cut.

The Dax closed at a record 19,508.29 points, surpassing its previous high from late September.
Investor optimism is fueled by strong quarterly earnings from US companies, contributing to gains in global markets.
The European Central Bank is expected to announce a potential interest rate cut later this week, which could further boost market liquidity.
China's recent economic measures, including increased government spending, provide additional support for export-oriented Dax companies.
Despite the Dax's gains, other German indices like the MDax and SDax showed mixed performances, highlighting sector-specific challenges.