Price jump in Porsche shares drives Dax close to record high, Delivery Hero shares fall in price on the stock exchange. The Dax is approaching the 17,000 point mark again.

Price gains for Porsche, VW and Mercedes-Benz are lifting sentiment in the auto sector. Delivery Hero's shares, on the other hand, fell to a record low in the MDax. The Dow Jones index of standard stocks closed around one percent higher at 38,519 points on Thursday. The Nasdaq 100 advanced 1.3 percent to 15,361 points. The broad S&P 500 improved by 1.2 percent to 4,906 positions.