DAX is trading 3.04% up at $46.08, tracking a broad rally in European equities. - Reports point to stronger corporate earnings, stabilising oil prices and lower bond yields; Reuters says European shares rose after Democrats won control of both U.S. congressional chambers. - The advance aligns with the German DAX index, while the ETF price reflects U.S.-listed trading; no clear catalyst is specific to the ETF. - Global X says the fund seeks to track the German DAX index.