German Stocks Modestly Higher In Cautious Trade

After opening marginally down and drifting further lower, Germany’s benchmark stock index DAX climbed into positive territory Friday morning.

The mood in the market remained cautious with investors focusing on the latest developments in the Middle East and looking ahead to the crucial U.S. non-farm payroll data due later in the day.

Hezbollah has rejected a new ceasefire agreement with Israel, and the Israel Defense Forces (IDF) eliminated Hezbollah’s engineering unit commander Abed Harb, escalating tensions.