{"id":79602,"date":"2026-10-16T09:59:57","date_gmt":"2026-10-16T09:59:57","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/10\/16\/dax-hits-3-week-high-amid-tech-rally-softer-oil\/"},"modified":"2026-10-16T09:59:57","modified_gmt":"2026-10-16T09:59:57","slug":"dax-hits-3-week-high-amid-tech-rally-softer-oil","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/10\/16\/dax-hits-3-week-high-amid-tech-rally-softer-oil\/","title":{"rendered":"DAX Hits 3-Week High Amid Tech Rally, Softer Oil"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks climbed higher on Friday, extending gains to a third straight session, as concerns over interest rates and AI spending faded a bit. Lower oil prices contributed as well to the positive mood in the market.<\/p>\n<p>Nvidia CEO Jensen Huang&#8217;s comments defending the financial <span class=\"landLinks\">health<\/span> of AI computing supplier CoreWeave Inc. helped lift tech stocks.<\/p>\n<p class=\"fade-paragraph\">Brent crude front-month futures dropped to $104.91 a barrel before recovering to $105.47, still down nearly 0.5% from previous close.<\/p>\n<div class=\"paywall-wrapper\">\n<p><i class=\"bi bi-lock-fill\"\/> Subscribe to continue reading the article.<\/p>\n<p>This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.<\/p>\n<p>Start Free Trial<\/p>\n<p>FREE 7-Day Trial &#8211; No Payment Required<\/p>\n<\/div>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>DAX Hits 3-Week High Amid Tech Rally, Softer Oil<\/a><br \/>\n<br \/>2026-10-16 09:59:57<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks climbed higher on Friday, extending gains to a third straight session, as concerns over interest rates and AI spending faded a bit. Lower oil prices contributed as well&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-79602","post","type-post","status-publish","format-standard","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/79602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=79602"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/79602\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=79602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=79602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=79602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}