DAX Weakens Ahead of US Labor Market Report - Grenke Strong After Robust New Business Numbers, Infineon Benefits from Analyst Support - Oracle Gains After Cloud Deal with OpenAI - DataDog Up Double Digits After S&P500 Inclusion

The DAX presents itself at noon after a strong opening, before the eagerly awaited US labor market data, with slight declines of -0.05%. Despite the approaching deadline on July 9, investors seem to be optimistic that the EU will succeed in negotiating a deal with the US in the trade dispute at the last minute. Accordingly, cyclical stocks like LANXESS (1.0%) and Krones (+2.0%) are currently showing gains, as they are likely to benefit from an agreement in the trade dispute with the US. Heavyweights from the automotive sector, such as Mercedes-Benz...