German Stocks Advance as U.S. Payrolls Trail Estimates

German stocks advanced, erasing an earlier decline, as investors weighed whether the Federal Reserve will reduce bond purchases after data showed U.S. payrolls in August missed economists’ estimates.

The benchmark DAX Index climbed 0.3 percent to 8,260.69 at 2:34 p.m. in Frankfurt, erasing an earlier drop of as much as 0.4 percent.

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