{"id":9586,"date":"2021-05-04T09:07:28","date_gmt":"2021-05-04T09:07:28","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/05\/04\/dax-slides-as-yields-rise-on-economic-optimism\/"},"modified":"2021-05-04T09:07:28","modified_gmt":"2021-05-04T09:07:28","slug":"dax-slides-as-yields-rise-on-economic-optimism","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/05\/04\/dax-slides-as-yields-rise-on-economic-optimism\/","title":{"rendered":"DAX Slides As Yields Rise On Economic 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 fell on Tuesday as U.S. Treasury yields and the German 10-year bund yield rose on optimism that a global economic recovery is gathering pace, thanks to successful vaccine rollouts in much of the developed world.<\/p>\n<p>EU officials on Monday proposed easing restrictions on visiting the 27-nation bloc as vaccination campaigns across the continent gather speed.<\/p>\n<p>Federal Reserve Chairman Jerome Powell said that U.S. economic outlook has clearly brightened amid faster vaccination rates and fiscal stimulus.<\/p>\n<p>&#8220;While the recovery is gathering strength, it has been slower for those in lower-paid jobs,&#8221; Powell said at a National Community Reinvestment Coalition event on Monday.<\/p>\n<p>The benchmark DAX dropped 97 points, or 0.6 percent, to 15,139 after gaining 0.7 percent the previous day. <\/p>\n<p>Chipmaker Infineon tumbled 4.4 percent after it warned of continued bottlenecks in a manufacturing supply chain that&#8217;s running at &#8220;full speed.&#8221;<\/p>\n<p>Remote connectivity software company TeamViewer slumped 7.7 percent despite reporting first-quarter orders and core profit ahead of expectations.<\/p>\n<p>Online food ordering company Delivery Hero declined 1.3 percent. <\/p>\n<p>Real Estate firm Vonovia gave up 1.3 percent despite confirming its FY21 outlook. <\/p>\n<\/p>\n<p>Market Analysis<\/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 Slides As Yields Rise On Economic Optimism<\/a><br \/>\n<br \/>2021-05-04 09:07:28<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks fell on Tuesday as U.S. Treasury yields and the German 10-year bund yield rose on optimism that a global economic recovery is gathering pace, thanks to successful vaccine&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9587,"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-9586","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9586","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=9586"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9586\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9587"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}