DAX Struggles For Direction Ahead Of US Jobs Data
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks struggled for direction in early trade on Friday as investors awaited the U.S. May payrolls data later in the day for directional cues.
A strong reading may reinforce expectations the Federal Reserve would pare back its massive stimulus program sooner than expected.
The benchmark DAX was marginally higher at 15,637 after rising 0.2 percent on Thursday.
Lanxess AG shares were little changed. The U.K's Competition and Markets Authority said that it is investigating the proposed acquisition of Emerald Kalama Chemical LLC by the German specialty chemicals company.