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German Stocks Pare Decline as RWE, Infineon Climb

German stocks pared their decline as RWE AG (RWE) increased its profit forecast and Infineon Technologies AG (IFX) posted sales and operating profit that exceeded analysts’ estimates.

The benchmark DAX Index lost 0.1 percent to 7,161.31 at 9:46 a.m. in Frankfurt, paring a slide of as much as 0.3 percent. The broader HDAX Index also slipped 0.1 percent.

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