{"id":62424,"date":"2025-07-28T10:51:58","date_gmt":"2025-07-28T10:51:58","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/07\/28\/dax-pares-gains-after-bright-start\/"},"modified":"2025-07-28T10:51:58","modified_gmt":"2025-07-28T10:51:58","slug":"dax-pares-gains-after-bright-start","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/07\/28\/dax-pares-gains-after-bright-start\/","title":{"rendered":"DAX Pares Gains After Bright Start"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks opened on a firm note Monday morning as trade war concerns eased after the U.S. and the European Union agreed on a trade deal. However, the market pared most of its gains subsequently as investors look ahead to some crucial earnings updates and economic data this week.<\/p>\n<p>Several big name companies such as Mercedes-Benz, BASF, Adidas, Siemens Healthineers, BMW, Porsche, Heidelberg Materials, Lufthansa and Covestro are scheduled to announced their results later this week.<\/p>\n<p>On the economic front, German jobs data and retail sales report are due this week. The U.S. Federal Reserve&#8217;s interest rate decision is also due this week.<\/p>\n<p>U.S. President Donald Trump announced on Sunday that and EU have &#8216;reached a deal&#8217; as per which America will impose a 15% tariff on products coming into the country from EU.<\/p>\n<p>&#8220;We have reached a deal. It&#8217;s a good deal for everybody,&#8221; Trump said. EU chief Ursula von der Leyel also reportedly hailed a &#8216;good deal&#8217; with America.<\/p>\n<p>In an interaction with media in Scotland, Trump announced that the EU had pledged additional investments of $600 billion in the US, alongside energy purchases amounting to $750 billion. <\/p>\n<p>The benchmark DAX, which surged to 24,501.20 early on in the session, pared most of its gains subsequently and was up 51.17 points or 0.21% at 24,284.25 a little while ago.<\/p>\n<p>Infineon Technologies and MTU Aero Engines are gaining 2.3% and 2.2%, respectively. Vonovia is rising 1.7%, while Sartorius, Deutsche Post, Merck, Hannover Rueck and SAP are up 1 to 1.3%.<\/p>\n<p>Siemens Healthineers, Symrise, Siemens, Allianz, Munich RE, Qiagen and Fresenius are up with modest gains.<\/p>\n<p>BMW is down by about 1.7%. Rheinmetall, Volkswagen, Mercedes-Benz, Porsche, Zalando and RWE are down 0.9 to 1.3%. BASF, RWE, Deutsche Boerse and Porsche Automobil Holding are modestly lower. <\/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 Pares Gains After Bright Start<\/a><br \/>\n<br \/>2025-07-28 10:51:58<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks opened on a firm note Monday morning as trade war concerns eased after the U.S. and the European Union agreed on a trade deal. However, the market pared&#8230;<\/p>\n","protected":false},"author":2,"featured_media":62425,"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-62424","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/62424","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=62424"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/62424\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/62425"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=62424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=62424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=62424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}