German DAX index fluctuated between gains and losses on Thursday amid mixed earnings results and steady US jobless claims. Deutsche Bank lost 3.7% after reporting a 33% fall in 1st quarter profit. In contrast Volkswagen rallied 6.8%, after the car maker surpassed analyst forecasts for 1st quarter revenue and confirmed full-year outlook. Fresenius SE fell 3.2% after the firm made a bid of EUR 3.1 billion ($4.1 billion) for Rhoen-Klinikum a private hospital operator. At the moment of writing DAX 30 trades 0.8% or 52.2 points down at 5,654.07.