Economics

European Stocks Are Little Changed as China Exports Drop

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European stocks erased their decline in the final half an hour of trading, leaving the Stoxx Europe 600 Index little changed at its highest level in a month.

Commodity producers slid as the release fueled concern about the slowdown in the world’s second-biggest economy. Burberry Group Plc gained 4.8 percent after the company’s spring-summer collection helped increase retail sales in its fiscal first quarter by more than analysts had estimated. Tryg A/S added 3.3 percent after posting better-than-forecast pretax profit as cost cuts offset increased weather-related claims.