On Wednesday, April 23, 2025, the DAX briefly rose above the psychologically important mark of 22,000 points. This development was primarily supported by positive signals in the US tariff conflict with China and a strong rise in SAP shares.
Market Development
The DAX opened the trading day with an increase of about 2.39 percent at around 21,801 points. During the day, it even exceeded the 22,000 mark but closed at 21,962 points, which represents an increase of 3.14 percent compared to the previous day.
Hopes in the Tariff Conflict
Positive statements from US President Donald Trump during the swearing-in of the new head of the Securities and Exchange Commission, Paul Atkins, fueled hopes for de-escalation in the trade conflict. Karoline Leavitt, spokeswoman for the White House, as well as Treasury Secretary Scott Bessent, also signaled progress and a forthcoming easing of the situation.
These positive developments not only lifted the DAX but also other European leading indices such as the EuroStoxx50 (+2.77%) as well as the exchanges in London and Zurich. In the USA, particularly technology indices like the Nasdaq also recorded significant recovery gains; the Dow Jones rose by nearly two percent.
In summary, the market appears nervous but optimistic: The DAX overcame the 22,000-point mark, even if it could not hold.