The DAX was also able to reach new historic highs today.
Despite a further rise in new Corona infection figures and the threat of restrictions that could weigh on the economy, investors remain in high spirits. The DAX continued its record run, climbing to 16,283 points at times today. “It runs and runs and runs,” said index expert Uwe Streich of Landesbank Baden-Württemberg, commenting on the recent series of DAX bests. The next mark of 16,300 points is getting closer and closer.
The weakening euro and the slight decline in oil prices supported the German stock market today. There is much to suggest that most investors are betting on a sustained year-end rally.
Currently everything looks like a year-end rally
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