German Stocks Erase Gains as Commerzbank, Deutsche Bank Decline

By Christiane Lenzner

Nov. 2 (Bloomberg) -- German stocks erased earlier gains as banks retreated. The benchmark DAX Index dropped 0.6 percent to 5,380.66 as of 9:13 a.m. in Frankfurt, with Commerzbank AG and Deutsche Bank AG falling at least 1.6 percent.