European Stocks Advance as Technology, Resource Companies Rally
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European stocks advanced as technology and resource companies rebounded, while investors speculated on the possibility of Chinese stimulus.
BHP Billiton Ltd. and Rio Tinto Group rose at least 1.5 percent, leading commodity producers to the best performance of the 19 industry groups on the Stoxx 600. ASML Holding NV added 2.7 percent, pushing technology stocks to the second-largest gain. Statoil ASA and Royal Dutch Shell Plc weighed on oil-and-gas shares even as oil rose from the lowest level in almost five months.