India, Aug. 12 -- Despite opening on a positive note amid easing trade tensions, the German market is down in negative territory Tuesday afternoon, with investors turning cautious, looking ahead to U.S. consumer price inflation data due later in the day. Weak economic sentiment reading is also weighing on sentiment.
The market started off on a firm note as the U.S. extended its pause on higher tariffs for Chinese goods until November 10, averting an immediate escalation in the trade war.
The benchmark DAX, which climbed to 24,163.68 earlier in the session, was down 73.61 points or 0.31% at 23,998.73 a few minutes ago.
Hannover Rueck is declining by about 2.8% despite reporting higher net income and reinsurance revenue in the first half o...