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Can the DAX extend the positive close it set yesterday?
Yesterday the European stock markets all got off to a positive start to 2025. The best performing index amongst the majors was the FTSE 100, but more on that in a minute. The FTSE 100 kicked off 2025 with a 1.07% gain and the DAX came next, with a 0.58% rise. The CAC 40 bought up the rear, with a modest 0.18% rise on the day. The DAX did recover the 20k handle and it closed above that level too, closing the first session of 2025, at 20,024, with a gain of 115 points on the day. The DAX futures are not higher this morning and right now the index is priced to open a little lower. Of course we can surely blame the lower US closes last night for that outlook. So, it will be interesting to see, if the DAX can forge further above 20k when live trading resumes shortly. The index is just now priced to reopen around 19,990
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