7 January 2026, 12:03 Germany: DAX Scales Fresh Highs.
The DAX in Frankfurt rose 0.5% to cross the 25,000 mark on Wednesday, a new milestone, marking the seventh consecutive day of gains. Investors focused on upcoming key economic data, including inflation figures from the eurozone and the US ADP report, while also monitoring geopolitical developments. On the corporate front, Siemens led the way, with its shares up over 2%, after announcing a deal with chipmaker Nvidia. Both companies said on Tuesday that they are expanding their strategic partnership to develop industrial artificial intelligence (AI) solutions, aiming to accelerate the integration of AI into real-world applications. Bayer rose 1.4% after the company said it had filed lawsuits against Covid-19 vaccine developers Pfizer, BioNTech, and Moderna, accusing them of using its mRNA technology in their vaccines against the virus.
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