{"id":9358,"date":"2021-04-29T09:03:35","date_gmt":"2021-04-29T09:03:35","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/04\/29\/dax-edges-lower-as-jobs-data-disappoints\/"},"modified":"2021-04-29T09:03:35","modified_gmt":"2021-04-29T09:03:35","slug":"dax-edges-lower-as-jobs-data-disappoints","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/04\/29\/dax-edges-lower-as-jobs-data-disappoints\/","title":{"rendered":"DAX Edges Lower As Jobs Data Disappoints"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks were moving lower on Thursday after data showed German unemployment rose unexpectedly in April amid extended restrictions on shopping, travel and social life to contain a third wave of COVID-19 infections.<\/p>\n<p>Jobless claims rose by 9,000 in April in seasonally adjusted terms, reflecting the negative impact of tightened pandemic restrictions on the labor market, the Federal Employment Agency said.<\/p>\n<p>The Fed&#8217;s dovish comments helped to limit the downside to some extent. The benchmark DAX dropped 34 points, or 0.2 percent, to 15,256 after ending 0.3 percent higher the previous day.<\/p>\n<p>Automakers BMW, Daimler and Volkswagen fell 1-2 percent after Ford slashed its full-year forecast, citing a global semiconductor shortage.<\/p>\n<p>Airline Lufthansa fell about 1 percent after booking a narrower net loss. <\/p>\n<p>Chemicals giant BASF lost around 2 percent despite lifting its full-year profit outlook. <\/p>\n<\/p>\n<\/div><\/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 Edges Lower As Jobs Data Disappoints<\/a><br \/>\n<br \/>2021-04-29 09:03:35<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks were moving lower on Thursday after data showed German unemployment rose unexpectedly in April amid extended restrictions on shopping, travel and social life to contain a third wave&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9359,"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-9358","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9358","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=9358"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9358\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9359"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}