German DAX driven down by weaker US orders

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Source: Dukascopy Bank
German DAX index edged down on Wednesday as US orders for durable climbed  less than expected and Fed's chairman Bernake warned it is too early to claim economic recovery. Commerzbank AG dropped 1.8% and Heidelbergcement fell 1.7%. On the upside Infineon Technologies rallied 2.1% on news semiconductor maker increased its stock price estimate by 30% to EUR 9.5. At the moment of writing DAX 30 trades 0.51% or 35.82 points lower at 7,043.08.

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