The DAX rose above the 18,300 point mark for the first time in its history. The three interest rate cuts this year promised by US Federal Reserve Chairman Jerome Powell provided tailwind for the stock markets again last week.
Defense stocks are also continuing their record hunt. Bitcoin is also recording strong gains. The Dow Jones Industrial fell 0.4 percent to 39,314 points on Monday, extending Friday's losses. The technology-heavy Nasdaq 100 fell by 0.3 percent and was most recently quoted at 16,384 points.