DAX Hovers Near Record Highs
2026-08-17 07:54
By
Luisa Carvalho
1 min. read
The DAX 40 edged down to below 26,400 on Monday, but remained close to record highs, as tech optimism outweighed persistent geopolitical uncertainty.
Meanwhile, investors continued to adjust their expectations for US interest rates following a series of weaker-than-expected economic data.
Rheinmetall and Deutsche Borse were the standout performers, advancing 1.8% each.
AI-related Siemens Energy (1.3%) and Infineon Technologies (0.4%) also gained, boosted by Anthropic's strong preliminary revenue figures.
On the downside, Zalando (-3.5%), Henkel (-2.2%) and Beiersdorf (-2.1%) posted the biggest losses.