India, June 12 -- German stocks are notably lower on Thursday, weighed down by trade tensions and escalating tensions in the Middle East.
Amid a lack of specifics in the much talked about framework agreement, it is feared that the U.S.-China trade tensions may not subside any significantly for now.
Meanwhile, U.S. President Donald Trump expressed diminished confidence in reaching a nuclear deal with Iran, emphasizing that Iran must not acquire nuclear weapons.
There is more negative news on the geopolitical front, with the U.S. initiating a partial evacuation of its embassy in Iraq and authorizing voluntary departures from Bahrain and Kuwait, citing heightened security concerns.
The benchmark DAX was down 300.79 points or 1.25% at 23,67...