Economics
European Stocks Rebound as Oil Shares, Carmakers Rise Before Fed
- Stocks have been volatile before this week's Fed meeting
- Stoxx 600 extended gains after worse-than-forecast U.S. data
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European stocks climbed, led by gains in carmakers and energy producers, after worse-than-forecast data signaled weakness in the U.S. recovery ahead of a Federal Reserve rate decision.
Equities are volatile amid concern for global growth before the central bank meeting. The Stoxx Europe 600 Index erased gains in the first hour of trading, and fell as much as 0.6 percent as investors weighed a slump in Chinese shares and declining German investor sentiment.