PHOTO
A display shows the German Stock Market Index DAX at the Frankfurt Stock Exchange in Frankfurt am Main, western Germany, on February 7, 2023. - European stock markets opened mixed on February 7 as traders reacted to company earnings and assessed the outlook for US interest-rate hikes. In the eurozone, Frankfurt's DAX index dropped 0.4 percent to 15,291.75 points. (Photo by Daniel ROLAND / AFP)
Germany's blue-chip DAX index hit a new record high of 16,293.68 points Friday, on growing optimism that US lawmakers will hammer out a deal to lift the debt ceiling and avert a confidence-shattering default.
Stock markets in Paris and London were also higher in early afternoon trading, after a largely buoyant Asian session.
