DAX rises for third consecutive trading session

Investing reports that the German stock market closed higher on Thursday. Such key indices as DAX, MDAX, and TecDAX, gained 0.49%, 0.92%, and 1.15%, respectively. The web-portal's experts attribute these dynamics to positive developments in the major German economic sectors, including technology and food industries.

The DAX index has been rising for the third consecutive trading session, catching up with its American and European counterparts and leveling off its previous losses. By the end of Thursday, it managed to reach the level of 22,069.

However, the German government has revised the country's GDP growth forecast for 2025 downward due to ongoing global uncertainty fueled by Donald Trump's tariff policies. Instead of the previously expected rise of 0.3%, the officials now anticipate stagflation.

Market participants keep monitoring the US President's next moves and the long-awaited resolution of the trade standoff between the world's two leading economies, the United States and China.