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DAX Scales Fresh Highs

The DAX in Frankfurt rose 0.5% to cross the 25,000 mark on Wednesday, a new milestone, extending gains for the seventh day. 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 gains, with its shares up around 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.

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