22.05.2024 10:46:15 - dpa-AFX: DAX Dips Ahead Of Nvidia's Earnings

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks traded lower on Wednesday
due to uncertainty over the rate outlook and amid caution ahead of Nvidia's
earnings release.

The benchmark DAX was down 57 points, or 0.3 percent, at 18,670 after closing
0.2 percent lower on Tuesday.

Evotec shares advanced 1.5 percent after the biotech firm posted mixed Q1
results.

Automakers BMW, Mercedes Benz and Volkswagen dropped 1-2 percent despite new car
sales in the EU rebounding sharply in April.

New car registrations rose 13.7 percent year-over-year to 913,995 units in
April, reversing a 5.2 percent fall in March, thanks to strong demand among four
major markets, especially Spain and Germany, monthly data from the European
Automobile Manufacturers' Association revealed.

This growth can be partly explained by the fact that there were two extra sales
days compared to the same month last year, when Easter holidays fell in April,
the ACEA said.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CAC 40 969400 Paris 7.503,27 14.06.24 18:05:02 -204,75 -2,66% - - 7.685,50 7.503,27
FTSE 100 969378 Financial Times SE 8.146,86 14.06.24 17:35:29 -16,81 -0,21% - - 8.163,67 -
DAX ® 846900 Xetra 18.002,02 14.06.24 17:50:00 -263,66 -1,44% - - 18.267,68 18.002,02
E-STOXX 50 ® 965814 STOXX Ltd. 4.839,14 14.06.24 17:50:00 -96,36 -1,95% 0,000 - 4.942,82 4.839,14

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