DAX Faces Potential Correction After Record Rally as Analysts Warn of Profit-Taking
As the DAX index stabilizes at around 20,385 points, experts caution that profit-taking may hinder further market gains after a recent rally that peaked at 20,426 points. Market analysts express concerns about overbought conditions and falling support from key stocks, raising the risk of a market correction. Meanwhile, global market trends show mixed signals, and significant movements are recorded in commodity prices and major company negotiations, including a possible takeover of CompuGroup by CVC.