index the dax reached a record high in wednesday's session the only top european index to end in positive territory strong u.s. data and gains from carmakers helped the dax hit the high but it wasn't smooth sailing. i think the worries over catalona catalonia dampened the market and the market lost steam but recovered towards the end so kind of a funny day people are worried because they don't know what will ensue but on the other hand people had the time and let's say the inclination to look at the strong points of german economy for example but also low interest rates offering little alternative to investments in equities elsewhere though the catalan independence crisis weighed on markets spain's banks posting in the three percent loss major catalonia based banks bank and somebody sank the furthest in line with the rising political risk. the us was more or less unaffected by the turmoil in europe