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German and European shares mimic Wall Street's Monday momentum
German stocks and major European bourses have followed Wall Street's overnight gains, with the S&P 500 reaching an all-time high on Tesla's surge.
By Rony Abboud
0
- Germany
- Europe
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The German DAX40 index is gaining momentum with nearly 1% gains on Tuesday to reach a 6-week high (11:57 AM, GMT +2). Delivery Hero, MTU Aero and Deutsche Post are leading the charge with around +2% gains each.
German stocks and major European bourses have followed Wall Street's overnight gains, with the S&P 500 reaching an all-time high on Tesla's surge. The EU STOXX50 is also up by +0.72%, led by Spanish companies Amadeus and Iberdrola, French Safran, European Airbus, and German SAP and Deutsche Post.
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In the German ETF space, Lyxor DAX UCITS ETF, iShares Core DAX UCITS ETF and Xtrackers DAX UCITS ETF have been trending higher on Tuesday. Similarly, iShares Core Euro STOXX 50 UCITS ETF, Xtrackers Euro STOXX 50 UCITS ETF and Lyxor Euro STOXX 50 UCITS ETF which track the broader EU index have tagged along.
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