S&P 500 turns negative, giving up earlier gain; European markets close mixed as sentiment lifts, inflation fears fade; DAX hits all-time high 
U.S. stocks wiped out earlier gains and turned negative gained on Tuesday as the market struggled for a direction. The S&P 500 last traded 0.2% lower, dragged down by the energy sector. The tech-heavy Nasdaq Composite dipped 0.2%. The Dow Jones Industrial Average traded 60 points lower. 
Big Tech shares Amazon, Apple, Netflix and Alphabet all erased an earlier advance and dipped into negative territory. Amazon shares came under pressure after Washington, D.C., Attorney General Karl Racine said he’s suing the ecommerce giant on antitrust grounds. He alleged Amazon’s practices have unfairly raised prices for consumers and suppressed innovation. 

The pan-European Stoxx 600 closed around 0.03% higher, with tech stocks adding 1.3% to lead gains. Mining stocks, meanwhile, slipped over 1.7%. Germany’s DAX was the standout performer among major bourses, jumping to a fresh all-time high. 
Deutsche Wohnen shares surged more than 15% to lead the Stoxx 600 after announcing that it had agreed to a $22 billion takeover bid from Europe’s largest residential property company Vonovia. 
Source: CNBC