Dax reaches new record high – “Stock market enters a hot phase”

Stock exchange bell in Frankfurt

Dusseldorf There is an early year-end rally on the German stock market. The Dax climbs to a new record high of 16,044 points, the old one was 16,030 points. In the first hour of trading, the Frankfurt stock exchange barometer is listed at 16,038 digits, an increase of 0.5 percent. Yesterday, Wednesday, the leading index closed almost unchanged at 15,960 points.

The basis for this price jump is the US Federal Reserve (Fed), which has started its monetary policy turnaround. That was what was expected, now the uncertainty is out of the market.

Now it gets exciting: Will the Dax manage to sustainably break the 16,000 mark? That would be the case with a quotation at the close of trading well above 16,000 points.

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