{"id":66548,"date":"2025-11-13T11:09:12","date_gmt":"2025-11-13T11:09:12","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/11\/13\/dax-retreats-after-positive-start-down-nearly-0-5\/"},"modified":"2025-11-13T11:09:12","modified_gmt":"2025-11-13T11:09:12","slug":"dax-retreats-after-positive-start-down-nearly-0-5","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/11\/13\/dax-retreats-after-positive-start-down-nearly-0-5\/","title":{"rendered":"DAX Retreats After Positive Start, Down Nearly 0.5%"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks are swinging between gains and losses in cautious trade on Thursday with investors digesting the news about U.S. President Donald Trump signing the short-term funding bill that brings an end to the government shutdown, and looking ahead to some key U.S. economic data.<\/p>\n<p>Investors are also reacting to a mixed batch of corporate earnings.<\/p>\n<p>The benchmark DAX was down 107.55 points or 0.44% at 24,273.22 a little while ago. <\/p>\n<p>Merck is rising 7% after strong third-quarter earnings. Merck&#8217;s net profit in the third quarter increased to \u20ac898 million or \u20ac2.07 per share from \u20ac812 million or \u20ac1.86 per share in the prior year. Excluding one-time items, earnings per share pre edged up 0.9% to \u20ac2.32 from \u20ac2.30. <\/p>\n<p>Bayer and MTU Aero Engines are gaining 1.4% and 1.15%, respectively. Zalando, Munich RE, Deutsche Telekom, Vonovia and Hannover Rueck are up 0.7 to 1%.<\/p>\n<p>Deutsche Telekom is up nearly 1%. The company reported adjusted net profit of 2.7 billion euros in the third quarter, up 14.3% from a year ago. <\/p>\n<p>Siemens is declining by about 5% after reporting a drop in fourth-quarter earnings. The company&#8217;s bottom line came in at EUR1.619 billion, or EUR2.05 per share in the fourth quarter, compared with EUR1.900 billion, or EUR2.38 per share, last year. <\/p>\n<p>Siemens Healthineers and RWE are down 3.1% and 2.5%, respectively. E.ON is down 1.1%.<\/p>\n<p>In economic news, data from Eurostat showed Eurozone industrial production rose 0.2% month-on-month in September 2025, after a 1.1% decline in August. On an annual basis, industrial output grew 1.2%, the same pace as in the previous month and below forecasts of 2.1%. <\/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 Retreats After Positive Start, Down Nearly 0.5%<\/a><br \/>\n<br \/>2025-11-13 11:09:12<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks are swinging between gains and losses in cautious trade on Thursday with investors digesting the news about U.S. President Donald Trump signing the short-term funding bill that brings&#8230;<\/p>\n","protected":false},"author":2,"featured_media":66549,"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-66548","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/66548","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=66548"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/66548\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/66549"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=66548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=66548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=66548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}