Bloomberg News

German Stocks Gain After U.S. GDP, Unempoyment Reports

September 29, 2011

Sept. 29 (Bloomberg) -- German stocks advanced after reports showed the U.S. economy grew at a 1.3 percent pace in the second quarter, faster than estimated last month, and claims for U.S. unemployment benefits fell more than forecast last week.

The benchmark DAX Index climbed 0.8 percent to 5,621.28 as of 2:33 p.m. in Frankfurt.

To contact the editor responsible for this story: Julie Cruz at jcruz6@bloomberg.net


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