DAX bounce from daily support levels
DAX was up on Thursday after testing the low level of 18904 in the last trading session as The DAX rose 0.5% on Thursday after two days of losses as investors considered global inflation and potential central bank rate cuts. Siemens led the gains, jumping 7% after beating fourth-quarter profit estimates despite lowered 2025 sales guidance due to geopolitical challenges. Deutsche Telekom also climbed nearly 3% after raising its full-year profit forecast and slightly surpassing Q3 profit expectations.
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