{"id":37028,"date":"2023-08-01T08:57:35","date_gmt":"2023-08-01T08:57:35","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/08\/01\/dax-slips-on-growth-worries-3\/"},"modified":"2023-08-01T08:57:35","modified_gmt":"2023-08-01T08:57:35","slug":"dax-slips-on-growth-worries-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/08\/01\/dax-slips-on-growth-worries-3\/","title":{"rendered":"DAX Slips On Growth Worries"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks fell on Tuesday amid growth concerns after a survey showed German manufacturing activity slumped in July. <\/p>\n<p>The headline HCOB Germany Manufacturing PMI dropped to 38.8 in the month, marking the lowest reading since May 2020.<\/p>\n<p>The benchmark DAX was down 112 points, or 0.7 percent, at 16,334 after closing 0.1 percent lower on Monday. <\/p>\n<p>DHL owner Deutsche Post slumped 4.4 percent after it reported a fall in Q2 earnings and revenue. <\/p>\n<p>Commercial vehicle manufacturer Daimler Truck Holding fell more than 2 percent after incoming orders dropped in the second quarter. <\/p>\n<p>TeamViewer jumped 9 percent after the software company reported strong earnings for the second quarter, thanks to higher revenue and lower financial costs. <\/p>\n<p>Real estate investment manager Patrizia SE dropped half a percent after an announcement that Asoka Woehrmann, its CEO Designate since May, has taken over the position of sole CEO from Wolfgang Egger effective today. <\/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 Worries<\/a><br \/>\n<br \/>2023-08-01 08:57:35<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks fell on Tuesday amid growth concerns after a survey showed German manufacturing activity slumped in July. The headline HCOB Germany Manufacturing PMI dropped to 38.8 in the month,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":37029,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-37028","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/37028","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=37028"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/37028\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/37029"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=37028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=37028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=37028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}