The DAX is poised to open higher on Wednesday, aiming to solidify its position above the 25,000-point threshold after a strong close on Tuesday.
The German benchmark index surged 1.5% on the previous session to settle at 24,995.81, marking a decisive recovery from a sluggish start to the week.
3% gain on Monday, which saw the index close at 24,956 points, driven largely by optimism surrounding a reported framework agreement between the United States and Iran.
This move follows a 1.3% gain on Monday, which saw the index close at 24,956 points, driven largely by optimism surrounding a reported framework agreement between the United States and Iran.
Despite the technical progress, market breadth remains narrow as genuine fundamental catalysts are scarce.
US market cues have been lackluster, failing to provide the impetus needed to sustain the rally independently.
The S&P 500 and Nasdaq Composite offered little directional clarity overnight, leaving European traders to rely on the lingering tailwinds from geopolitical de-escalation rather than fresh economic data.