{"id":60365,"date":"2025-06-02T09:23:42","date_gmt":"2025-06-02T09:23:42","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/06\/02\/dax-down-nearly-0-5-in-cautious-trade-amid-trade-tensions\/"},"modified":"2025-06-02T09:23:42","modified_gmt":"2025-06-02T09:23:42","slug":"dax-down-nearly-0-5-in-cautious-trade-amid-trade-tensions","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/06\/02\/dax-down-nearly-0-5-in-cautious-trade-amid-trade-tensions\/","title":{"rendered":"DAX Down Nearly 0.5% In Cautious Trade Amid Trade Tensions"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks are down in negative territory on Monday, weighed down by concerns about trade tensions following China and the U.S. accusing each other of violating their trade agreements.<\/p>\n<p>Investor sentiment is also hurt due to U.S. President Donald Trump&#8217;s threat that he would increase tariffs on steel and aluminum to 50%.<\/p>\n<p>The benchmark DAX was down 110.88 points or 0.46% at 23,896.43 a little while ago.<\/p>\n<p>Sartorius, down 3.4%, is the biggest loser in the DAX index. Daimler Truck Holding is down nearly 2%, while Infineon Technologies and Porsche are down 2.1% each.<\/p>\n<p>Mercedes-Benz, Continental, Adidas, Siemens Healthineers and BMW are lower by 1.6 to 2%. Porsche Automobil Holding, Volkswagen, Beiersdorf, Brenntag, BASF and Merck are also notably lower.<\/p>\n<p>Heidelberg Materials is up nearly 2%. Bayer is gaining 1.15%, while Rheinmetall, Siemens Energy and Zalando are advancing nearly 1%. MTU Aero Engines and Siemens are up with moderate gains.<\/p>\n<p>On the economic front, the HCOB Germany Manufacturing PMI was revised down to 48.3 in May 2025, from a preliminary estimate of 48.8 and April&#8217;s 48.4, according to a report from S&amp;P Global. This marked the 35th consecutive month of contraction in the manufacturing sector, although output continued to grow modestly.<\/p>\n<p>Meanwhile, the downturn in euro zone manufacturing eased further in May, with the corresponding PMI rising to 49.40 from 49 points in April. <\/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 0.5% In Cautious Trade Amid Trade Tensions<\/a><br \/>\n<br \/>2025-06-02 09:23:42<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks are down in negative territory on Monday, weighed down by concerns about trade tensions following China and the U.S. accusing each other of violating their trade agreements. Investor&#8230;<\/p>\n","protected":false},"author":2,"featured_media":60366,"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-60365","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/60365","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=60365"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/60365\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/60366"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=60365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=60365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=60365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}