India, May 22 -- German stocks are down in negative territory on Thursday, weighed down by concerns about U.S. debt, mixed economic data, and uncertainty surrounding tariffs.
A sell-off in U.S. Treasuries amid deficit fears due to stalled budget bill negotiations hurts as well.
The benchmark DAX was down 208.06 points or 0.86% at 23,909.63 a little while ago.
Porsche is declining more than 5%. Puma is down 2.7% and Merck is down 2.6%%, while Sartorius and Brenntag are lower by 2.3% and 2.1%, respectively.
Deutsche Bank, Siemens, Heidelberg Materials, Daimler Truck Holding, Zalando, Deutsche Post, Infineon Technologies, Porsche Automobil Holding, Volkswagen, Henkel, RWE and Mercedes-Benz are down 1 to 1.7%.
Bayer is up 1.85%. Siemens En...