0840 GMT - The German DAX's unprecedented rally shows no signs of slowing, chief market analyst at CMC Markets Jochen Stanzl, writes. Since the start of the year it has risen 11% and is outperforming Wall Street indices, he says. The index could rise as high as 22,200 points as Germany's largest companies continue to report strong results boosted by overseas earnings, Stanzl writes. Investors are looking for an excuse to sell shares and lock in profits but the market's rise continues to deny them this opportunity, he adds. The threat of U.S tariffs and the upcoming election are overshadowed by quarterly earnings and a favorable interest rate environment, he adds. The DAX trades up 0.2% at 22076.4 points.(adam.whittaker@wsj.com)
(END) Dow Jones Newswires
February 12, 2025 03:40 ET (08:40 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。