European stocks climbed, bolstered by signs China’s stimulus measures are seeping through into the economy, and wagers that global interest rates are approaching a peak. The Stoxx 600 gauge rose 0.4%, paring some earlier gains. Sectors leading the advance included mining as as rallying metals prices lifted shares including Rio Tinto Plc, Glencore Plc and Anglo American Plc. A gauge of consumer goods stocks, deriving a chunk of its sales from China, also climbed. Energy shares were steady, as oil prices eased after earlier hitting their highest levels since November on expectations of supply cuts from the OPEC+ producers group. Among individual movers, Danish […]
The post Stocks Rise On Signs China Stimulus Taking Hold: Markets Wrap appeared first on Vladimir Ribakov.
