German DAX pushed down by US economic data

Note: This section contains information in English only.
Source: Dukascopy Bank
German DAX index fluctuated between gains and losses on Tuesday. The index surged higher earlier in the session on better than predicted European economic confidence index. However index retreated afterwards on news US durable goods orders fell to a 3-year record low. Pharmaceutical firm Bayer AG  tumbled 2% after reporting disappointing 4th quarter net profit. Losses for the index partly was offset by chip producer Infineon Technologies AG which climbed 1.1%. At the moment of writing DAX index is 0.28% or 18.92 points down at 6,830.63. 

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