German stocks jumped on Tuesday on positive news from Spain. Spanish yield on 12- and 18-month bills declined to 3.07% and 3.34% at the debt sale on Tuesday. Currently, the markets are quiet as traders await meetings between the EU leaders to resolve the crisis in the region. The German DAX Index added 0.38% to trade at 7,059.89 at GMT 12:00. Eight out of nine industries included in the index surged. The largest gainers were consumer services and industrials. Among industrials, Volkswagen and Daimler rose by 0.59% and 0.38%. Financials were also bullish, with Commerzbank and Deutsche Bank climbing 0.81% and 1.67%. The only loser was telecommunications industry, with Deutsche Telecom retreating by 0.54%.