{"id":9578,"date":"2021-05-05T09:07:38","date_gmt":"2021-05-05T09:07:38","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/05\/05\/dax-rebounds-on-growth-optimism\/"},"modified":"2021-05-05T09:07:38","modified_gmt":"2021-05-05T09:07:38","slug":"dax-rebounds-on-growth-optimism","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/05\/05\/dax-rebounds-on-growth-optimism\/","title":{"rendered":"DAX Rebounds On Growth Optimism"},"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 bounced back on Wednesday after a sharp sell-off in the previous session. Underlying sentiment was helped after data showed growth of the euro zone private sector <span class=\"landLinks\">economy<\/span> improved during April.<\/p>\n<p>The benchmark DAX climbed 212 points, or 1.4 percent, to 15,069 after plunging as much as 2.5 percent in the previous session. <\/p>\n<p>Tech stocks rebounded, with Infineon Technologies climbing 2.2 percent.<\/p>\n<p>Logistics company Deutsche Post jumped nearly 3 percent after lifting its operating profit forecast for 2021.<\/p>\n<p>Daimler dropped 1.7 percent after Nissan Motor decided to sell all 1.54 percent of shares in the German carmaker owned by Renault Motors in France. <\/p>\n<p>Fashion house Hugo Boss surged 4.2 percent. The company expects to double sales and remains optimistic of generating a positive EBIT in the second quarter. <\/p>\n<p>Reinsurance firm Hannover Re was down about 1 percent despite confirming its FY21 outlook. <\/p>\n<p>Delivery Hero tumbled 3.8 percent after former owners of Woowa Brothers sold shares worth about 1.25 billion euros ($1.5 billion) in the online food ordering company. <\/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 Rebounds On Growth Optimism<\/a><br \/>\n<br \/>2021-05-05 09:07:38<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks bounced back on Wednesday after a sharp sell-off in the previous session. Underlying sentiment was helped after data showed growth of the euro zone private sector economy improved&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9579,"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-9578","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9578","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=9578"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9578\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9579"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}