{"id":53878,"date":"2024-12-11T08:58:14","date_gmt":"2024-12-11T08:58:14","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/12\/11\/dax-holds-steady-in-lackluster-trade-3\/"},"modified":"2024-12-11T08:58:14","modified_gmt":"2024-12-11T08:58:14","slug":"dax-holds-steady-in-lackluster-trade-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/12\/11\/dax-holds-steady-in-lackluster-trade-3\/","title":{"rendered":"DAX Holds Steady In Lackluster Trade"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks held steady on Wednesday as investors braced for the release of U.S. inflation data and a European Central Bank policy meeting. <\/p>\n<p>The benchmark DAX was up 10 points at 20,340 after finishing marginally lower the previous day. <\/p>\n<p>Energy group Siemens Energy tumbled 3 percent after U.S. rival GE Vernova sounded cautious about the outlook for the struggling wind sector.<\/p>\n<p>Sportswear maker Adidas declined 1.4 percent after authorities raided its headquarters in Germany as part of a prolonged tax investigation. <\/p>\n<p>Online retailer Zalando plunged 5.6 percent after it struck a deal to buy rival fashion group About You for 1.1 billion euros. Shares of the latter soared 69 percent.<\/p>\n<p>Bilfinger jumped 4.5 percent after launching a share buyback program. <\/p>\n<p>TUI Group, a leisure and travel company, plummeted 7 percent despite reporting a boost in profit in the 2024 financial year and projecting further growth into 2025. <\/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 Holds Steady In Lackluster Trade<\/a><br \/>\n<br \/>2024-12-11 08:58:14<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks held steady on Wednesday as investors braced for the release of U.S. inflation data and a European Central Bank policy meeting. The benchmark DAX was up 10 points&#8230;<\/p>\n","protected":false},"author":2,"featured_media":53879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-53878","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/53878","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=53878"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/53878\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/53879"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=53878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=53878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=53878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}