DAX 40 Hits Fresh High
DAX 40 edges higher to around 16,420, a fresh high, driven by technology and industrial stocks
The DAX 40 edged higher to around 16,420 on Wednesday, marking a fresh high and extending its winning run to five sessions.
Traders monitored more corporate earnings and eyed geopolitical developments ahead of the release of a key US inflation report.
Gains were largely driven by technology and industrial stocks, outweighing losses in consumer cyclicals, telecommunications companies, and automakers.
Siemens Energy and Rheinmetall performed strongly, rising 3.9% and 2.4%, respectively.