India, Feb. 5 -- German stocks are down in negative territory Wednesday morning, with shares from the auto sector losing ground, as worries about a trade war continue to weigh on sentiment despite the U.S. government agreeing to delay the imposition of new tariffs on Mexico and Canada by 30 days.
Investors are focusing on earnings and await fresh data from the U.S. and major European economies for directional clues.
The benchmark DAX was down 103.50 points or 0.48% at 21,407.34, about 20 points off the session's low.
The yield on Germany's 10-year Bund dropped to around 2.36%, the lowest level in about a month, amid concerns new tariffs by US could lead to deflationary pressures and result in further monetary easing by the European Centr...