{"id":62251,"date":"2025-07-23T09:57:43","date_gmt":"2025-07-23T09:57:43","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/07\/23\/dax-up-nearly-1-on-trade-deal-hopes-auto-stocks-rally\/"},"modified":"2025-07-23T09:57:43","modified_gmt":"2025-07-23T09:57:43","slug":"dax-up-nearly-1-on-trade-deal-hopes-auto-stocks-rally","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/07\/23\/dax-up-nearly-1-on-trade-deal-hopes-auto-stocks-rally\/","title":{"rendered":"DAX Up Nearly 1% On Trade Deal Hopes; Auto Stocks Rally"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks are up on Wednesday, rebounding from recent losses, as prospects of a trade agreement between the U.S. and EU increased after U.S. President Donald Trump announced trade deals with Japan and Philippines.<\/p>\n<p>&#8220;We have Europe coming in tomorrow, and the next day, we have some other ones coming in,&#8221; Trump said late on Tuesday, without specifying details.<\/p>\n<p>The benchmark DAX was up 234.79 points or 0.97% at 24,261.96 a little while ago.<\/p>\n<p>Auto stocks are leading the charge up north. Porsche is gaining about 7.5%. Volkswagen is up 6.5%, Mercedes-Benz is climbing up 6%, Daimler Truck Holding is advancing 5.8%, Porsche Automobil Holding is rising 5.3% and BMW is rallying 5.2%.<\/p>\n<p>Deutsche Post is gaining 3.75%. Brenntag, Deutsche Bank, Siemens, Continental, BASF, Beiersdorf, Qiagen, Henkel, Allianz, Hannover Rueck, Siemens Healthineers, Bayer, Munich RE and Heidelberg Materials are up 1.5 to 3%.<\/p>\n<p>SAP is down more than 3%. The company maintained its full-year targets despite reporting higher quarterly sales and earnings.<\/p>\n<p>E.ON is down nearly 2%, Infineon Technologies is down 1.7% and Adidas is lower by about 1%. RWE and Vonovia are also down in negative territory. <\/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 Nearly 1% On Trade Deal Hopes; Auto Stocks Rally<\/a><br \/>\n<br \/>2025-07-23 09:57:43<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks are up on Wednesday, rebounding from recent losses, as prospects of a trade agreement between the U.S. and EU increased after U.S. President Donald Trump announced trade deals&#8230;<\/p>\n","protected":false},"author":2,"featured_media":62252,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-62251","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\/62251","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=62251"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/62251\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/62252"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=62251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=62251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=62251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}