The DAX is poised for further gains as investors anticipate interest rate cuts in the U.S.

The DAX is expected to continue its record pursuit as hopes for U.S. interest rate cuts draw investors into the market. The German index is projected to open 0.5% higher at 25,712 points ahead of the Xetra start.

Yesterday, the DAX reached a record high of 25,655 points, surpassing its previous all-time high of 25,507. This surge followed disappointing U.S. job market data, which suggested a slowdown in hiring, leading analysts to speculate on a potential monetary easing in the fourth quarter.