German Stocks Fall as ECB Balance Sheet Rises to Record on Loans
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German stocks retreated, with the benchmark DAX Index snapping three days of gains, as the European Central Bank’s balance sheet expanded to a record after it lent financial institutions more money last week.
Deutsche Bank AG and Commerzbank AG, the nation’s biggest lenders, declined more than 3.5 percent. Bayerische Motoren Werke AG and Daimler AG followed a selloff in European carmakers. ThyssenKrupp AG and Salzgitter AG dropped with metal prices.