DAX Climbs to Record High, But Closes in the Red
On Wednesday, May 28, 2025, the DAX reached a new record high of nearly 24,326 points. However, profit-taking led to the index retreating by 0.8 percent to 24,038 points. This development unexpectedly ends a remarkable annual performance of the DAX with an increase of 22 percent.
MDAX Shows Strength
In contrast, the MDAX showed greater strength on the same day, reaching a peak not seen in over three years, closing with a slight gain of 0.05 percent at 30,648 points.
Importance of Nvidia’s Quarterly Numbers
The anticipated quarterly numbers from Nvidia, which were set to be released after the stock market closed in the USA, drew investors’ attention. As Nvidia has a significant influence on overall investor sentiment, predictions regarding positive or negative effects became a central discussion point. Particularly, the AI semiconductor industry was under scrutiny amid uncertain political conditions.
Industry-Specific Developments
Some sectors continued to perform positively. Defense stocks like Rheinmetall, Renk, and Hensoldt recorded significant price gains, with Rheinmetall reaching a new high of over 1,900 euros. At the same time, Airbus and MTU experienced slight losses.
Market Outlook
Looking ahead to the coming days, attention remains focused on Nvidia’s figures. Positive numbers could support the markets, while negative reports could introduce additional uncertainty. Developments in US politics and their impact on the technology sector remain another source of uncertainty for the markets.