European Stocks Close Near Three-Month High While Miners Decline
- ArcelorMittal slumps after Vale predicts more drops in steel
- Stoxx 600 earlier rallied as much as 0.6% after inflation data
The Stoxx Europe 600 Index Advances 0.2 Percent
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European stocks ended the day little changed near a three-month high, as the rout in commodities overshadowed optimism for additional central-bank stimulus.
The Stoxx Europe 600 Index slipped less than 0.1 percent, with miners falling the most. ArcelorMittal tumbled 8.9 percent after Vale SA predicted steel prices will slump more next year. Anglo American Plc fell 2.2 percent to its lowest price since at least 1999.