India, June 2 -- German stocks are down in negative territory on Monday, weighed down by concerns about trade tensions following China and the U.S. accusing each other of violating their trade agreements.
Investor sentiment is also hurt due to U.S. President Donald Trump's threat that he would increase tariffs on steel and aluminum to 50%.
The benchmark DAX was down 110.88 points or 0.46% at 23,896.43 a little while ago.
Sartorius, down 3.4%, is the biggest loser in the DAX index. Daimler Truck Holding is down nearly 2%, while Infineon Technologies and Porsche are down 2.1% each.
Mercedes-Benz, Continental, Adidas, Siemens Healthineers and BMW are lower by 1.6 to 2%. Porsche Automobil Holding, Volkswagen, Beiersdorf, Brenntag, BASF and ...