Europe Stocks Remain Little Changed After ADP Jobs Report
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European stocks were little changed, near their highest level since May 2008, after a report showed U.S. companies hired more workers than forecast.
A gauge of European banks rose for a fourth day as bond yields fell for the region’s most indebted countries. Celesio AG rallied 9.3 percent amid a report that McKesson Corp. may increase its bid for the drug distributor. J Sainsbury Plc lost 2.4 percent after the retailer cut its full-year sales forecast. Kion Group AG slid 2 percent after its biggest shareholder sold a 10.8 percent stake in the forklift maker.