From Nasdaq Inc.:

German stocks showed modest gains in cautious trade, reacting to hawkish FOMC meeting minutes and anticipating Eurozone PMI and German consumer inflation figures. Inflation in the German state of North Rhine-Westphalia rose to 3.5 percent in December from 3.0 percent in November. The German DAX was up 40 points, at 16,579 after dropping 1.4 percent in the previous session. Evotec SE shares plunged nearly 19 percent as its Chief Executive Werner Lanthaler decided to step down. Wind turbine manufacturer Nordex SE rallied 2.7 percent after receiving a 106 MW order from Spanish electricity producer Capital Energy. Financial details of the transaction are not known yet.



Read more: DAX Modestly Higher Ahead Of Inflation Data