{"id":58468,"date":"2025-04-09T09:41:11","date_gmt":"2025-04-09T09:41:11","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/04\/09\/dax-remains-deep-down-in-negative-territory-after-sharp-plunge\/"},"modified":"2025-04-09T09:41:11","modified_gmt":"2025-04-09T09:41:11","slug":"dax-remains-deep-down-in-negative-territory-after-sharp-plunge","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/04\/09\/dax-remains-deep-down-in-negative-territory-after-sharp-plunge\/","title":{"rendered":"DAX Remains Deep Down In Negative Territory After Sharp Plunge"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> A day after snapping a four-session losing streak, German stocks are down in the red again, with investors pressing sales on Wednesday, reacting to the rollout of sweeping U.S. tariffs, that include a 20% levy on EU imports.<\/p>\n<p>The benchmark DAX was down 481.03 points or 2.37% at 19,774.85 a little while ago. The index had tumbled to 19,552.53 earlier in the morning, losing more than 700 points.<\/p>\n<p>Sartorius, Vonovia and MTU Aero Engines are declining 3.3 to 3.7%. Qiagen, Merck, Brenntag, Deutsche Telekom, BASF, Fresenius Medical Care, Fresenius, Henkel, Deutsche Post, BMW, Siemens Healthineers, Allianz, Adidas, Siemens, Continental, Beiersdorf and Zalando are down 2 to 3%.<\/p>\n<p>Bayer, Heidelberg Materials, Mercedes-Benz, Hannover Rueck, Rheinmetall, Deutsche Bank, RWE, Siemens Energy, Porsche and SAP are also notably lower.<\/p>\n<p>Recession fears and trade war tensions have risen again as the European Commission is contemplating retaliatory tariffs of up to 25% on U.S. exports worth over 22 billion euros.<\/p>\n<p>U.S. President Donald Trump pushed ahead with higher duties on roughly 60 trading partners that he dubbed the &#8220;worst offenders.&#8221; The latest set of U.S. tariffs, including a massive 104% levy on Chinese imports, take effect today.<\/p>\n<p>Trump also proposed the imposition of a &#8220;major&#8221; tariff on drug imports in a bid to stimulate domestic drug production and tripled the previously announced tariff rates on low-value packages exported to the U.S. from mainland China and Hong Kong. <\/p>\n<p>Investors are also closely following the developments on the political front as the conservatives and Social Democrats resume their coalition talks this morning. <\/p>\n<\/p>\n<p>Market Analysis<\/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 Remains Deep Down In Negative Territory After Sharp Plunge<\/a><br \/>\n<br \/>2025-04-09 09:41:11<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A day after snapping a four-session losing streak, German stocks are down in the red again, with investors pressing sales on Wednesday, reacting to the rollout of sweeping U.S. tariffs,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":58469,"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-58468","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/58468","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=58468"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/58468\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/58469"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=58468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=58468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=58468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}