{"id":69468,"date":"2026-02-03T11:03:44","date_gmt":"2026-02-03T11:03:44","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/02\/03\/dax-pares-some-gains-after-rising-to-3-week-high\/"},"modified":"2026-02-03T11:03:44","modified_gmt":"2026-02-03T11:03:44","slug":"dax-pares-some-gains-after-rising-to-3-week-high","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/02\/03\/dax-pares-some-gains-after-rising-to-3-week-high\/","title":{"rendered":"DAX Pares Some Gains After Rising To 3-week High"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The German stock market&#8217;s key index DAX climbed to a three-week high Tuesday morning, with recent encouraging regional PMI data, a recovery in commodity <span class=\"landLinks\">markets<\/span>, and easing geopolitical and trade tensions aiding sentiment. Prospects of the U.S. Congress voting on a spending bill to end the government shutdown helped as well.<\/p>\n<p>The DAX, which surged to 25,109.25 earlier in the session, was up 81.81 points or 0.33% at 24,866.73 a little before noon.<\/p>\n<p>Daimler Truck Holding rallied 3.75%. Deutsche Post and Siemens Energy gained 2.3% and 2.2%, respectively. Commerzbank climbed 1.8%, while Rheinmetall, Mercedes-Benz, Deutsche Bank, Siemens, Fresenius and MTU Aero Engines advanced 1.3%-1.6%.<\/p>\n<p>Fresenius Medical Care, BMW, Volkswagen, Brenntag, BASF, RWE and Allianz also moved higher.<\/p>\n<p>Zalando tanked nearly 8%. The company faces challenge with the rapid rise of social-media commerce such as TikTok Shop, according to Morgan Stanley. <\/p>\n<p>Merck drifted down 3% followed by a rating downgrade by Deutsche Bank. Infineon Technologies shed about 2.5%, and Scout24 eased by 2.1%. SAP, E.ON, Symrise, Deutsche Boerse and Hannover Rueck also were down in negative territory a little before noon, though with less pronounced losses.<\/p>\n<p>Shares of wind turbin manufacturer Nordex gained nearly 1.5% after the company secured a 189MW order from OX2 for turbines at the Fragerasen wind farm in Sweden. <\/p>\n<\/p>\n<p>Market Analysis<\/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 Some Gains After Rising To 3-week High<\/a><br \/>\n<br \/>2026-02-03 11:03:44<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The German stock market&#8217;s key index DAX climbed to a three-week high Tuesday morning, with recent encouraging regional PMI data, a recovery in commodity markets, and easing geopolitical and trade&#8230;<\/p>\n","protected":false},"author":2,"featured_media":69469,"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-69468","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/69468","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=69468"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/69468\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/69469"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=69468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=69468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=69468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}