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DAX Falls As Markets Brace For Earnings Season

(RTTNews) - German stocks fell sharply on Tuesday and bonds climbed as investors braced for the U.S. earnings season and pondered the potential impact of rising coronavirus cases on the global economy.

The benchmark DAX dropped 186 points, or 1.46 percent, to 12,612 after climbing 1.3 percent the previous day.

Tech stocks followed their U.S. peers lower, with Infineon Technologies losing 4.6 percent and Dialog Semiconductor declining 3 percent.

Meal-kit delivery firm Hellofresh rose 1.3 percent after raising its full-year revenue forecast.

Drug delivery devices maker Gerresheimer AG edged up slightly after backing its FY20 view.
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