India, March 21 -- German stocks are down in negative territory on Friday, extending recent losses, amid concerns about the outlook for economic growth as the U.S. is set to levy reciprocal tariffs from early March.
The focus is also on a vote by Germany's upper house on the debt brake amendment.
The benchmark DAX, which tumbled to 22,732.32 earlier in the session, was down 129.45 points or 0.56% 22,883.68 a little while ago.
Zalando, Infineon, Rheinmetall and Beiersdorf are declining 3 to 4.5%. Sartorius, Deutsche Post, Continental, Siemens, MTU Aero, Symrise, BASF, Daimler Truck Holding and Volkswagen are lower by 1 to 2.7%.
Shares of perfume and cosmetics retailer Douglas AG are plunging more than 19% after the company lowered its FY...