India, Aug. 14 -- German stocks moved firmly up in positive territory Friday morning amid easing worries about interest rates thanks to recent tame U.S. inflation data. Concerns about Middle East conflict and uncertainty over the reopening of the Strait of Hormuz lingered, but fairly encouraging corporate earnings helped keep the undertone firm.
The benchmark DAX was up 193.30 points or 0.74% at 26,485.30 a few minutes before noon.
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