FRANKFURT (dpa-AFX) – The renewed confrontation in the trade dispute between the United States and China shook the German stock market once again on Tuesday. After the leading indices had recovered at the start of the week, they were now forced to accept at times significant losses.
The benchmark DAX index ended trading 0.62 percent lower at 24,236.94 points, after having dropped as much as 1.6 percent during the session. Last week, the stock market barometer had reached a record high of 24,771 points before falling sharply due to the tariff conflict. The MDAX, which tracks mid-sized companies, lost 1.22 percent on Tuesday, closing at 30,074.66 points.
Following a renewed escalation in the trade dispute between the world’s two largest economies on Friday, during which US President Donald Trump struck a more conciliatory tone on Sunday, China has now responded once again. The Ministry of Commerce in Beijing…
