DAX turns negative again after Continental AG cuts 2018 sales guidance - ConsultFX

DAX turns negative again after Continental AG cuts 2018 sales guidance

Continental AG issues profit warning, shares fall 8% ForexLive European stocks recovered from softer opening tones in the first hour but the DAX is seeing a rather short-lived reprieve. This comes as Continental AG decides to revise its guidance for the current fiscal year and cuts 2018 sales along with adjusted EBIT margin guidance.