FX.co ★ DAX Hovers Around Record Highs

The DAX 40 was little changed around 26,440 on Monday, hovering near record highs as gains in technology stocks helped offset broader market caution amid ongoing geopolitical uncertainties. At the same time, investors continued to recalibrate their expectations for US interest rates after a series of weaker-than-forecast economic data releases. Infineon Technologies was the top performer, climbing 2.1%, while AI-linked names Siemens Energy and Hochtief gained 1.8% and 1.1%, respectively. Defense contractor Rheinmetall rose 1.3% and utility RWE advanced 0.9%. On the downside, Scout24 (-2%), Zalando (-1.6%), and Beiersdorf (-1.2%) recorded the steepest losses on the index.