German Dax index turned lower on Monday, in a new burst of negative sentiment around US-China trade war, political developments in Argentina and Hong Kong.
The GER30 index rose to a high of €11,835 in the morning session. It then pared back those gains and is currently trading at €11,670.
German DAX index suffered a massive set-back as it lost 380 points to end at 11872; below the 12000 level for the first time since early June.
The German DAX index ended 0.53% higher on Thursday as it escaped trade pessimism that came about later in the day.
Crude oil price edges higher on OPEC+ allies production cut accord and prospects for improved demand following the US-China trade truce.
European markets opened lower today because investors are preoccupied with anticipation over central bank updates including the European Central Bank.
Stocks performance breakdown Goldman Sachs and Chevron helped pull the Dow Jones to another record high Thursday even as other indexes fell.