Pursuits
European Stocks Gain on Rescue-Fund Reports; Commerzbank Climbs
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European stocks advanced for the first time in three days amid conflicting reports that France and Germany have reached a deal on expanding the euro area’s rescue fund.
Natixis and Commerzbank AG jumped more than 2.5 percent as a gauge of banks rebounded from four days of declines. Software AG, Tele2 AB and British Sky Broadcasting Group Plc rallied after reporting results. Hochtief AG gained 3.7 percent as Goldman Sachs Group Inc. upgraded the construction company.