German Stocks Decline; DAX Posts Biggest Weekly Loss of 2012
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German stocks retreated for a fifth day, extending the biggest weekly drop of the year, as automakers fell amid signs China’s economy is slowing.
Volkswagen AG and Bayerische Motoren Werke AG dropped at least 2 percent. Solarworld AG surged 6.5 percent after the U.S. imposed tariffs on Chinese solar companies.