German shares were little changed after the benchmark DAX index recovered all the losses

German shares were little changed after the benchmark DAX index recovered all the losses that followed the fall of Lehman Brothers Holdings Inc. 's September 2008 collapse.

Adidas AG, withdrew after rival Nike Inc. said orders fell short of some analysts' estimates. Pfleiderer AG rose to its highest level in more than a month after announcing it has signed a "standstill agreement" with the banks is valid until March 31, 2011.

The DAX index rose less than 0.1 percent, to 7,079.08 as of 14:52 in Frankfurt, having swung between gains and losses of more than 20 times today. The index has risen 19 percent this year, corporate profits rose, the Federal Reserve announced a program of 600 billion U.S. dollars of bonds with an option to purchase to help the recovery of U.S. economy and rescued the European Union, Greece and Ireland. HdaX The broader index added 0.1 percent today.

"Confidence will continue to hit for every development of the debt crisis in the euro area" in 2011, Michael McNaught-Davis, director of international equities at Scottish Widows Investment Partnership in Edinburgh, said in an e-mailed note today day. Still, the company "expects to market speculators are at the forefront as the basis attractive - especially cheap valuations, low interest rates and renewed growth - boosting shares higher," he said.

The DAX fell by 41 percent through March 2009 as the collapse of Lehman Brothers boosted its worst financial crisis since the Great Depression, as banks around the world to depreciation and loss of data from more than $ 1.8 billion.

U.S. Economy

The U.S. economy grew at a rate of 2.6 percent in the third quarter, marking a resumption of growth that can extend into 2011 as business and consumer confidence to win to pass. The revised gain in gross domestic product compares with an estimate of 2.5 percent issued last month , the Commerce Department figures showed today day.

Sales of existing homes in U.S. probably increased in November in the industry that caused the worst recession in seven decades struggled to recover, economists said before a National Association of Realtors report at 10 am in Washington.

Adidas, the global sportswear manufacturer second, fell 0.9 percent to 50.94 euros. Nike said orders from December to April rose 11 percent for a total of $ 7.7 billion, excluding currency fluctuations from one year ago. Who missed the 11.6 percent gain ..

Pfleiderer rose 9.2 percent to 2.80 euros after the maker of laminate flooring, lenders told not to exercise the rights to terminate its credit lines to the end of March.

Software AG fell 0.9 percent to € 106.65, ending the longest streak of gains since October, according to the software company was downgraded to "hold" from "buy" at Berenberg Bank.

The company said today that it has completed the merger with IDS Scheer AG.