German stocks hit new record on AI hopes
Germany's blue-chip DAX stock index jumped above 25,000 points for the first time Wednesday, following strong gains on Wall Street as hopes for the artificial intelligence boom bolster investor sentiment.
The index, which groups the 40 largest publicly traded companies on the Frankfurt Stock Exchange, hit the milestone shortly after opening, and was trading at 25,010 points at 9:15 am (0815 GMT).
