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Euronews
Euronews
Tina Teng

Germany's DAX hits a new high as Trump expresses optimism on US-EU trade talks

European stock markets mostly extended their rally for a third consecutive trading day on Wednesday as concerns over escalating US-EU trade tensions eased. Germany’s DAX rose 0.18% to 24,269.47, marking a fresh record high, while the Euro Stoxx 600 rose 0.07% to 552.71.

US President Donald Trump expressed optimism toward the trade negotiations. “I have just been informed that the EU has called to quickly establish meeting dates,” he wrote in the Truth Social, “This is a positive event, and I hope that they will, FINALLY, like my same demand to China, open up the European Nations for Trade with the United States of America. They will BOTH be very happy, and successful, if they do!!!”

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