{"id":16621,"date":"2021-12-01T09:03:09","date_gmt":"2021-12-01T09:03:09","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/12\/01\/dax-rises-led-by-banks\/"},"modified":"2021-12-01T09:03:09","modified_gmt":"2021-12-01T09:03:09","slug":"dax-rises-led-by-banks","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/12\/01\/dax-rises-led-by-banks\/","title":{"rendered":"DAX Rises Led By Banks"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks advanced on Wednesday despite concerns that the fast-spreading Omicron variant Covid-19 variant could upend economic activity in the winter months.<\/p>\n<p>Growing concerns over the new omicron variant could make people wary about returning to in-person jobs, slow the recovery of the labor market and prolong the supply-chain bottlenecks that have contributed to the highest inflation in more than three decades, warned Federal Reserve Chair Jerome Powell in testimony before the Senate Banking Committee.<\/p>\n<p>The benchmark DAX rose 113 points, or 0.8 percent, to 15,212 after losing 1.2 percent the previous day. <\/p>\n<p>Cyclicals advanced, with banks Commerzbank and Deutsch Bank rising 2-3 percent. <\/p>\n<p>LEG Immobilien was moving lower after the property company announced separate agreements to acquire 30.9 percent stake in Brack Capital Properties N.V. or BCP, an Israeli real estate company. <\/p>\n<\/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 Rises Led By Banks<\/a><br \/>\n<br \/>2021-12-01 09:03:09<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks advanced on Wednesday despite concerns that the fast-spreading Omicron variant Covid-19 variant could upend economic activity in the winter months. Growing concerns over the new omicron variant could&#8230;<\/p>\n","protected":false},"author":2,"featured_media":16622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-16621","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16621","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=16621"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16621\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/16622"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=16621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=16621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=16621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}