{"id":57986,"date":"2025-03-28T10:16:17","date_gmt":"2025-03-28T10:16:17","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/03\/28\/dax-down-nearly-1-as-trade-fears-continue-to-hurt-sentiment\/"},"modified":"2025-03-28T10:16:17","modified_gmt":"2025-03-28T10:16:17","slug":"dax-down-nearly-1-as-trade-fears-continue-to-hurt-sentiment","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/03\/28\/dax-down-nearly-1-as-trade-fears-continue-to-hurt-sentiment\/","title":{"rendered":"DAX Down Nearly 1% As Trade Fears Continue To Hurt Sentiment"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks are in negative territory Friday morning, extending recent weakness, amid rising fears of a global trade war following the U.S. President Donald Trump&#8217;s decision to impose 25% tariffs on auto and auto components imported into U.S., and his threat of more levies in the event of the EU attempting to retaliate with countermeasures.<\/p>\n<p>The benchmark DAX, which dropped to 22,432.50 earlier in the session, was down 202.28 points or 0.89% at 22,461.50 a little while ago.<\/p>\n<p>Commerzbank is declining nearly 4%. Rheinmetall and Deutsche Bank are down 3% and 2.7%, respectively. Volkswagen and Puma are up 2.2% and 2.1%, respectively.<\/p>\n<p>Siemens, MTU Aero Engines, Siemens Energy, BMW, Infineon, Mercedes-Benz, Continental and Porsche are declining 1 to 1.7%.<\/p>\n<p>Vonovia is rising more than 1.5%. Fresenius Medical Care is rising 1.3% and Sartorius is up 1.1%. E.ON, Deutsche Telekom, Siemens Healthineers and Merck are up with modest gains.<\/p>\n<p>A closely watch survey from GfK and the Nuremberg Institute for Market Decisions showed German consumer sentiment is set to rise only marginally heading into April despite a revival in expectations regarding the <span class=\"landLinks\">economy<\/span> after the new elections.<\/p>\n<p>The forward-looking consumer climate index rose to -24.5 in April from -24.6 in March, the survey said.<\/p>\n<p>On hopes of economic recovery, economic expectations improved noticeably in March. The index gained 5.7 points to 6.9 in March. <\/p>\n<p>Meanwhile, the unemployment rate in Germany edged up to 6.3% in March, the highest level since September 2020, compared to 6.2% in February. <\/p>\n<\/p>\n<\/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 Down Nearly 1% As Trade Fears Continue To Hurt Sentiment<\/a><br \/>\n<br \/>2025-03-28 10:16:17<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks are in negative territory Friday morning, extending recent weakness, amid rising fears of a global trade war following the U.S. President Donald Trump&#8217;s decision to impose 25% tariffs&#8230;<\/p>\n","protected":false},"author":2,"featured_media":57987,"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-57986","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/57986","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=57986"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/57986\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/57987"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=57986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=57986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=57986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}