17.04.2024 11:00:32 - dpa-AFX: DAX Rebounds After Tuesday's Selloff

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks were moving higher on
Wednesday after suffering heavy losses in the previous session on concerns over
heightened geopolitical tensions in the Middle East and uncertainty over the
Federal Reserve's rate trajectory.

The benchmark DAX was up 84 points, or half a percent, at 17,850 after losing
1.4 percent the previous day.

Adidas jumped 6.4 percent. The sportswear giant upped its full-year guidance
after posting better-than-expected preliminary results for the first quarter.

HELLA GmbH & Co. KgaA, an automotive parts supplier, edged up slightly after
sales for the first quarter came in unchanged from last year.

Continental lost 4.3 percent after reporting preliminary Q1 results below market
expectations.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CAC 40 969400 Paris 8.065,15 29.04.24 18:05:02 -23,09 -0,29% - - 8.116,43 8.065,15
FTSE 100 969378 Financial Times SE 8.147,03 29.04.24 17:35:30 +7,20 +0,09% - - 8.139,83 -
DAX ® 846900 Xetra 18.118,32 29.04.24 17:50:00 -42,69 -0,24% - - 18.162,15 18.161,01
E-STOXX 50 ® 965814 STOXX Ltd. 4.981,09 29.04.24 17:50:00 -25,76 -0,51% 0,000 - 5.014,22 5.006,85

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH