Overview
- Broker IG indicates the DAX around 24,390 before the open after a 0.7% close at 24,294, putting the 24,771 record in sight as traders await final November inflation details for Germany.
- Wall Street showed a split tone with the Dow above 48,700 and up more than 1%, the Nasdaq down 0.3% to 23,593, and the S&P 500 up 0.2%.
- Oracle’s weaker-than-expected cloud growth and an earnings miss knocked its shares more than 11% after-hours and rekindled doubts about AI payoffs, pressuring peers including SAP.
- Near-term profit expectations for DAX companies have been cut to about 7% after reporting season, while many analysts still project roughly 14–15% earnings growth for 2026.
- Precious metals rallied with silver topping $64 per ounce to a record and gold and platinum higher, while oil prices stayed soft with Brent near $61.84 and WTI around $58.14.