{"id":11988,"date":"2021-07-19T08:27:33","date_gmt":"2021-07-19T08:27:33","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/07\/19\/dax-slips-on-growth-concerns\/"},"modified":"2021-07-19T08:27:33","modified_gmt":"2021-07-19T08:27:33","slug":"dax-slips-on-growth-concerns","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/07\/19\/dax-slips-on-growth-concerns\/","title":{"rendered":"DAX Slips On Growth Concerns"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks fell in cautious trade on Monday amid growing concerns over COVID-19 outbreaks and rising inflationary pressures. <\/p>\n<p>The global <span class=\"landLinks\">coronavirus<\/span> caseload has surpassed 190 million as the second wave continues its onslaught across the world due to the spread of new variants. <\/p>\n<p>The benchmark DAX dropped 185 points, or 1.2 percent, to 15,354 after losing 0.6 percent on Friday. <\/p>\n<p>Travel-stocks succumbed to selling pressure, with airline Lufthansa tumbling 3.2 percent. <\/p>\n<p>RWE AG shares declined 2.7 percent. The utility said its power stations and numerous RWE sites have been affected by the severe floods.<\/p>\n<p>After an initial evaluation, the company estimates damage from the floods up to a mid-double-digit million euro sum.<\/p>\n<p>Consumer electronics retailer Ceconomy AG dropped 0.6 percent. The company said that its third-quarter preliminary total sales grew 7.3 percent to 4.41 billion euros from 4.11 billion euros in the prior year. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>DAX Slips On Growth Concerns<\/a><br \/>\n<br \/>2021-07-19 08:27:33<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks fell in cautious trade on Monday amid growing concerns over COVID-19 outbreaks and rising inflationary pressures. The global coronavirus caseload has surpassed 190 million as the second wave&#8230;<\/p>\n","protected":false},"author":2,"featured_media":11989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-11988","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=11988"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11988\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/11989"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=11988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=11988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=11988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}