FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March 5, 2021. REUTERS/Staff
Automakers and insurers also gained more than 1%, while sectors considered bond-proxies like utilities and personal & household goods were a drag. “You’ve got some progress on trade with between Europe and the U.S. and that’s good for some of the companies like Rolls Royce.” Data also came in positive, with the Ifo economic institute saying the mood in the German manufacturing sector improved for the third month in a row in February.
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