India, April 29 -- German stocks are up firmly in positive territory on Tuesday with investors reacting to a slew of corporate earnings announcements. Easing concerns about U.S. tariffs, and data showing an improvement in German consumer sentiment contribute as well to the positive sentiment in the market.
On Monday, White House officials confirmed President Donald Trump's plans to lower tariffs on auto parts for U.S.-made vehicles.
The benchmark DAX was up 193.35 points or 0.87% at 22,450.14 a little while ago.
Rheinmetall is gaining nearly 6% after the auto and defense firm's first-quarter sales beat expectations.
Symrise is rising nearly 4% after the company said it expects to grow above the anticipated annual market growth rate of a...