
AI-generated summary
The Dax reached a new all-time high, but reacted to geopolitical tensions in the Middle East.
Dusseldorf. The leading German index reached a record on Thursday. The new all-time high is 27,001.67 points, more than 300 points above the previous high from last week. There was already an increase of 1.2 percent on Wednesday, and today the peak is around 1.2 percent.
In the afternoon, however, the Dax was only slightly higher at 26,691 points. The reason for this is probably a new truth social post from US President Donald Trump. In it he writes that the US does not need a deal to end the Iran war because the military has long controlled the Strait of Hormuz and the regime's assets. This means that recent hopes for rapprochement are fading.
Oil prices are also rising again. Brent crude oil from the North Sea for delivery in January rose in price on Thursday by 1.5 percent to around $94 per barrel (159 liters). US oil WTI was also slightly higher. The reference price for natural gas in Europe rose by a good 4.5 percent.

According to media reports, Nvidia CFO Colette Kress could replace CEO Jensen Huang, who is involved in an espionage affair, as interim boss. The board of directors discussed a possible replacement on Wednesday evening.

The DAX rose above 27,000 points for the first time. Investors are reacting positively to strong quarterly figures from German companies such as Siemens and a resilient global economy, while concerns about strict AI regulation are fading into the background.

The federal government expects an additional tax burden of 23 billion euros for 2026 and 2027 due to cold progression. Around 36 million taxpayers are affected because full compensation is not planned due to a lack of budgetary flexibility.

The Federal Cartel Office has approved Rewe to take over seven additional Tegut branches. There are no competition concerns. Rewe was previously allowed to take over 38 locations, while Edeka was awarded 178 branches.

Nvidia boss Jensen Huang is under pressure over two affairs, sparking speculation about his possible resignation. Six potential successors are already being discussed within the company.

The Bundesbank warns of increasing risks for German banks due to ambitious stock valuations, high national debt in the euro area and increasing loan defaults. Commercial real estate and highly financed residential real estate loans are particularly worrying.