Bloomberg News

U.S. Stocks Trim Gains as German Official Opposes More Greek Aid

September 13, 2011

Sept. 13 (Bloomberg) -- U.S. stocks trimmed gains after a report that German Finance Minister Wolfgang Schaeuble said Greece should not get any additional aid beyond what has already been agreed upon.

The Standard & Poor’s 500 Index rose 0.5 percent to 1,167.56 at 3:23 p.m. in New York after earlier surging as much as 1.2 percent. Schaeuble also said he doesn’t forsee a euro- area “economic government” in the immediate future and rejected a “European superstate,” Rheinische Zeitung reported citing an interview.

To contact the editor responsible for this story: Michael P. Regan at

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