India, July 25 -- German stocks are notably lower on Friday as investors react to a slew of corporate earnings announcements, and closely follow the developments on the trade front.
European Union officials are voicing optimism about a possible trade deal with the United States, but U.S. President Donald Trump's position is seen to have hardened ahead of the August 1 deadline.
The member states adopted on Thursday the list of countermeasures targeting €93 billions' worth of U.S. products that will come into effect on August 7 in case the talks fail.
The benchmark DAX was down 159.97 points or 0.65% at 24,147.05 a little while ago.
Deutsche Boerse and MTU Aero Engines both are down by about 1.7%. Deutsche Bank, Sartorius, Vonovia, ...