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European stock markets experienced a notable rally, with the German DAX index reaching a new all-time high. The DAX started the day at a record level and closed higher, reflecting an overall positive sentiment in the market. Contributing factors included favorable inflation data from the US and UK, as well as optimistic economic indicators from China. Analysts noted that the surge in European equities, which have climbed to 24-year highs, was also supported by expectations of monetary easing. The positive momentum in the market has led to euphoric sentiments among investors, as European indices closed at record levels, signaling a robust outlook ahead of the upcoming earnings season.
