Bloomberg News

German Stocks Pare Gains After U.S. Durable Goods Orders Drop

February 28, 2012

German stocks pared gains after U.S. data showed orders for durable goods dropped more than forecast, damping confidence in the economy.

The benchmark DAX Index rose 0.2 percent to 6,861.92 at 2:35 p.m. in Frankfurt. The gauge earlier rose as much as 0.7 percent.

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