From Nasdaq.: 2025-06-02 05:23:00

German stocks are down on Monday due to trade tensions between China and the U.S. President Trump threatens to increase tariffs on steel and aluminum to 50%, impacting investor sentiment. The DAX is down 0.46% with Sartorius leading losses at 3.4%. On the positive side, Heidelberg Materials is up nearly 2%. The HCOB Germany Manufacturing PMI was revised down to 48.3 in May, marking the 35th consecutive month of contraction. In the euro zone, the manufacturing PMI rose to 49.40 in May from 49 in April, indicating a slight easing of the downturn.



Read more at Nasdaq.: DAX Down Nearly 0.5% In Cautious Trade Amid Trade Tensions