{"id":44716,"date":"2024-03-11T08:55:31","date_gmt":"2024-03-11T08:55:31","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/03\/11\/dax-dips-as-tech-stocks-drag\/"},"modified":"2024-03-11T08:55:31","modified_gmt":"2024-03-11T08:55:31","slug":"dax-dips-as-tech-stocks-drag","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/03\/11\/dax-dips-as-tech-stocks-drag\/","title":{"rendered":"DAX Dips As Tech Stocks Drag"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks fell on Monday after mixed signals from the U.S. jobs data released on Friday. <\/p>\n<p>There are clear signs the U.S. labor market is cooling but uncertainty prevails over when the Federal Reserve will cut interest rates. <\/p>\n<p>After February payroll figures exceeded expectations, investors now look ahead to the release of key U.S. consumer price inflation and producer price data this week for further direction. <\/p>\n<p>The benchmark DAX was down 109 points, or 0.6 percent, at 17,705 after declining 0.2 percent on Friday. <\/p>\n<p>Tech stocks led losses, with Infineon Technologies falling more than 2 percent due to profit taking after recent strong gains. <\/p>\n<p>Shares of meal kit giant HelloFresh rallied nearly 3 percent after having plunged over 40 percent in the previous session following an earnings warning. <\/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 Dips As Tech Stocks Drag<\/a><br \/>\n<br \/>2024-03-11 08:55:31<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks fell on Monday after mixed signals from the U.S. jobs data released on Friday. There are clear signs the U.S. labor market is cooling but uncertainty prevails over&#8230;<\/p>\n","protected":false},"author":2,"featured_media":44717,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-44716","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/44716","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=44716"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/44716\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/44717"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=44716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=44716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=44716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}