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DAX Hovers at Record Highs

The DAX in Frankfurt edged up to around 24,890 on Tuesday, hovering near record highs, as traders continued to monitor geopolitical tensions in Venezuela, while also eyeing fresh economic data, including final PMI surveys and December’s preliminary inflation figures. At the same time, the German government’s multi-billion euro plans for infrastructure and defense for an economic rebound this year. Among stocks, Infineon Technologies led gains, up 4.8%, followed by Daimler Truck (3.7%), Merck (3.2%) and MTU Aero Engines (1.8%).

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