Economics
European Stocks Advance on China, Euro-Area Manufacturing Gains
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European stocks rose for a third day as manufacturing gains in China and the euro area boosted investors’ confidence that the economic recovery is on track.
Nokia Oyj jumped to a three-year high after it posted second-quarter earnings that topped estimates. Danske Bank A/S rallied the most since August after raising its annual earnings projection. BASF SE fell 1.5 percent as earnings trailed analysts’ predictions. EasyJet Plc dropped 5 percent after saying fares out of London are under pressure.