Germany's leading stock market index, the DAX, has reached a record high, surpassing the 22,000-point mark for the first time in its history. This milestone comes despite U.S. President Donald Trump's recent announcement of new tariffs, including a 25% levy on steel and aluminum imports. The DAX has shown remarkable resilience, gaining nearly 11% since the start of 2025 and approximately 10% in the last four weeks. The rally is attributed to optimism around potential peace negotiations in the Ukraine conflict and expectations of an interest rate cut by the European Central Bank to stimulate economic growth. On February 13, the DAX posted its largest single-day gain in two years, rising by 2.1% to close at 22,612 points, with an intraday peak of 22,625 points. Analysts note that the market's performance has been driven by strong investor sentiment, robust corporate earnings, including Siemens' profit of €3.9 billion, and an RSI of 79. The broader European stock market, represented by the EuroStoxx 50, has also seen significant growth, with an annual gain of 11.6%, highlighting the resilience of European equities amid global economic uncertainties.