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DAX Hovers Around Record High

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German stocks edged higher Monday, but gains were capped by higher crude oil prices amid uncertainty about the reopening of the Strait of Hormuz. Investors also turned to upcoming U.S. inflation data for clues on the Federal Reserve’s next interest-rate direction.

Analysis

German stocks edged higher Monday, but gains were capped by higher crude oil prices amid uncertainty about the reopening of the Strait of Hormuz. Investors also turned to upcoming U.S. inflation data for clues on the Federal Reserve’s next interest-rate direction.

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