0836 GMT - Germany's DAX hits a new record high, recouping all of Friday's losses caused by President Trump's tariff threats and resuming its march higher. The German blue-chip index rose as high as 24161.15 in morning trade. This marks a new intraday record, according to FactSet. The upward trend remains intact, but an escalation of trade disputes could lead to a pullback at any moment, CMC Markets' Jochen Stanzl says in a market comment. The DAX is up 0.5% at 24147.3. If maintained until close, this would also surpass the DAX's latest record closing high of 24122.40 on Wednesday last week. Most European stocks recovered Monday from Friday's losses after Trump agreed to delay the introduction of new tariffs on the EU until July 9. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
May 27, 2025 04:37 ET (08:37 GMT)
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