Economics
Europe Stocks Rebound on Economy Optimism, While Bouygues Slumps
- All but four of 19 industry groups in the Stoxx 600 advance
- Stoxx 600 rebounds from its lowest level since Feb. 26
Stoxx Europe Index Adds 0.6 Percent
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European stocks rose for the first time in three days on confidence that the strength in the U.S. economy will help global growth.
The Stoxx Europe 600 Index rose 0.4 percent at the close, paring an advance of as much as 1.1 percent. Orange SA lost 6.2 percent and Bouygues SA plunged 13 percent after a deal between the two collapsed. Peers Altice NV, Iliad SA and Numericable-SFR SAS tumbled more than 11 percent.