Home / Business and Economy / DAX Exceeds 24,100 as European Markets Start November Cautiously Optimistic
DAX Exceeds 24,100 as European Markets Start November Cautiously Optimistic
3 Nov
Summary
- DAX index climbed 0.6% on Monday
- Investors focused on corporate earnings and PMI surveys
- Central bank speeches expected to impact market sentiment
As of November 3rd, 2025, the German DAX index has climbed 0.6%, exceeding the 24,100 mark and signaling a cautiously optimistic beginning to the month for European markets. Investors have remained focused on corporate earnings from the preceding weeks, as well as the day's Purchasing Managers' Index (PMI) surveys for the manufacturing sectors in both the Eurozone and the United States.
Additionally, several representatives from the Federal Reserve and the European Central Bank are scheduled to deliver speeches this week, potentially reaffirming the central banks' recent policy stances. In terms of sectoral performance, banking, insurance, and automotive stocks have led the gains.
The positive momentum in the DAX index suggests that European markets are cautiously optimistic as they navigate the current economic landscape, with a keen eye on corporate performance and the potential impact of central bank communications.
