Defying headwinds, Germany stocks hit milestone

Germany’s blue-chip DAX stock index jumped above 20,000 points for the first time Tuesday following gains on US and Asian markets, defying multiple headwinds battering Europe’s biggest economy.

The index, which groups the 40 largest publicly-traded companies on the Frankfurt Stock Exchange, reached 20,022 points at around 0900 GMT before slightly paring its gains.

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