India, June 11 -- German stocks advanced Wednesday morning, reacting positively to the news about top U.S. and Chinese officials reaching a framework to implement the Geneva consensus.
However, with the mood turning a bit cautious, the market pared some gains and was up just marginally a little while ago.
The benchmark DAX, which advanced to 24,088.02, retreated amid cautious moves by investors, and was at 24,048.67, up 14.58 points or 0.06% from previous close.
If approved, the Sino-U.S. deal will remove some restrictions on China's rare earth exports and unwind a few recent U.S. export bans.
Top officials from the world's two major economies were engaged in negotiations in London on Monday and Tuesday to arrive at a mutually agreeable...