{"id":58499,"date":"2025-04-10T09:24:07","date_gmt":"2025-04-10T09:24:07","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/04\/10\/dax-up-over-5-despite-coming-off-early-highs\/"},"modified":"2025-04-10T09:24:07","modified_gmt":"2025-04-10T09:24:07","slug":"dax-up-over-5-despite-coming-off-early-highs","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/04\/10\/dax-up-over-5-despite-coming-off-early-highs\/","title":{"rendered":"DAX Up Over 5% Despite Coming Off Early Highs"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks are up sharply on Thursday with investors going on a buying spree after U.S. President Donald Trump announced a 90-day suspension of reciprocal tariffs for most U.S. trade partners, except China, to facilitate renewed trade negotiations.<\/p>\n<p>The move by the U.S. President has renewed hopes that the eventual levies will be much less than what he had announced earlier.<\/p>\n<p>The benchmark DAX, which soared to 21,397.00 earlier in the session, gaining over 1,700 points in the process, was up 994.44 points or 5.06% at 20,674.10 a little while ago. <\/p>\n<p>Infineon is soaring nearly 12%. Adidas, Sartorius, Deutsche Bank, Zalando, MTU Aero Engines and SAP are gaining 8 to 11%.<\/p>\n<p>Heidelberg Materials is up more than 7%. BASF, Siemens Energy, Siemens Healthineers, Siemens, Fresenius Medical Care, Muench Rueckvers, Merck, Deutsche Post, Bayer, Allianz, Fresenius, Beiersdorf, Commerzbank, Henkel, Hannover Rueck, RWE, Deutsche Boerse, Vonovia and Symrise are up 3 to 6%.<\/p>\n<p>Auto and auto components stocks are up as well. Volkswagen is up 3.7% after announcing it has nearly doubled its all-electric vehicle (BEV) deliveries in Europe in the first quarter of 2025. Porsche, Continental, Mercedes-Benz and BMW are gaining 3 to 6%.<\/p>\n<p>European Commission President Ursula von der Leyen welcomed Trump&#8217;s move and said the halt on reciprocal tariffs is &#8220;an important step towards stabilizing the global <span class=\"landLinks\">economy<\/span>. Clear, predictable conditions are essential for trade and supply chains to function.&#8221;<\/p>\n<p>ECB policymaker Francois Villeroy de Galhau emphasized today that Trump&#8217;s policies in recent weeks have eroded confidence in the U.S. dollar and praised Europe&#8217;s foresight in establishing its own independent monetary system 25 years ago. <\/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 Up Over 5% Despite Coming Off Early Highs<\/a><br \/>\n<br \/>2025-04-10 09:24:07<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks are up sharply on Thursday with investors going on a buying spree after U.S. President Donald Trump announced a 90-day suspension of reciprocal tariffs for most U.S. trade&#8230;<\/p>\n","protected":false},"author":2,"featured_media":58500,"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-58499","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/58499","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=58499"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/58499\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/58500"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=58499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=58499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=58499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}