European Stocks Climb on U.S. Unemployment-Claims Report
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European stocks climbed for a second day as a report showed fewer Americans claimed unemployment benefits last week than estimated.
Renault SA and Daimler AG each gained more than 1.5 percent as a report showed European car sales rose in March. Remy Cointreau SA and Diageo Plc declined more than 3 percent after reporting lower sales. SAP AG lost 1.2 percent as Germany’s biggest technology company said that revenue from new software licenses dropped in the quarter. Akzo Nobel NV slid the most in nine months as its sales missed projections.