India, July 10 -- After an initial upmove, the German stock market's benchmark index DAX slipped into negative territory Friday morning as exchange of hostilities between Iran and the U.S., and concerns about AI valuations hurt investor sentiment.
The DAX, which advanced to 25,197.25, dropped to 25,055.82 and was at 25,091.09 a little while ago, down 13.03 points or 0.05% from previous close.
Infineon Technologies shed about 2.5%. Rheinmetall drifted down 2.3%, while Siemens Energy and Bayer declined 1.9% and 1.7%, respectively.
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