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FX.co ★ Tech Rally Lifts DAX

Tech Rally Lifts DAX

The DAX 40 inched higher on Thursday, adding 0.3% to trade near 24,815 after two consecutive losing sessions. The rebound was driven primarily by technology shares, while a pullback in oil prices amid progress toward a US-Iran ceasefire offered additional support. Micron Technology reported earnings that beat expectations and projected strong demand for AI-related memory chips, reviving optimism around artificial intelligence investment and helping tech stocks recover from the recent global selloff. Infineon Technologies was among the top performers, jumping more than 5%.

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