Development of international indexes
Up 12.5 percent, the DAX sustained its growth trajectory unabated. The DAX posted its sixth consecutive year of strong growth amid a robust economy and persistently low interest rates in Germany.
Though not quite as strong as the DAX, the Dow Jones Euro STOXX 50® closed out 2017 on a high note, too, posting gains of 9.2 percent on a total return basis, i.e., including reinvested dividends. Like the DAX, it profited from Europe’s economic recovery and low interest rates.
The Nikkei was well up, finishing 2017 19.1 percent higher, while the United States’ stock market barometer, the Dow Jones, easily outstripped the other indexes for the second year in succession, gaining 25.1 percent.