The DAX, Germany's leading stock index, has surpassed the 24,000-point mark for the first time, reaching a record high of 24,007.64 points. This milestone comes after a period of volatility triggered by global trade tensions, particularly following actions by US President Donald Trump. The surge in the DAX is attributed to several factors, including easing geopolitical tensions, solid quarterly reports from companies like Rheinmetall, Lufthansa, Tui, Bayer, Siemens Energie, RWE, and Vonovia, and a slight relaxation in inflation concerns. The hope for a resolution in the US-China trade dispute and potential peace in Ukraine have contributed to the bullish market sentiment. Despite the record-breaking performance, there remains underlying skepticism among investors. The ongoing trade conflict between the US and China, which has weighed on global markets, continues to be a concern. Analysts caution against premature optimism, noting that the normalization of trade relations between these economic giants remains uncertain. Thomas Altmann from QC Partners noted, 'Should the peace talks actually bring a breakthrough, it would remove a long-standing uncertainty factor from the market.' The DAX's rally contrasts with Germany's economic challenges, as the index's constituent companies generate significant revenue from international markets. European stocks have outperformed their US counterparts this year, supported by favorable corporate earnings, the European Central Bank's accommodative monetary policy, and expectations of lower interest rates in the Eurozone. Stocks like BASF and BMW, however, lagged behind the index's gains.