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International Business Times
International Business Times
Business
Sam REEVES

Defying Headwinds, Germany Stocks Hit Milestone

Germany Donald Trump Economy United States Euro Europe
Germany's blue-chip DAX index has defied domestic gloom to hit a milestone (Credit: AFP)

Germany's blue-chip DAX stock index jumped above 20,000 points for the first time Tuesday following gains on US and Asian markets, defying multiple headwinds battering Europe's biggest economy.

The index, which groups the 40 largest publicly-traded companies on the Frankfurt Stock Exchange, reached 20,022 points at around 0900 GMT before slightly paring its gains.

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