European Shares Climb as Miners Gain, Investors Assess Earnings
- Anglo American leads commodity producers up on diamond outlook
- Alcoa kicks off U.S. earnings season with warning on demand
European Stocks Rise Marginally
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European stocks rose for a third day in volatile trading, with commodity and energy producers surging on rising prices, while investors looked to earnings for indications of the health of euro-area companies.
Anglo American Plc jumped 9.2 percent, pushing miners to the best performance of the 19 industry groups on the Stoxx Europe 600 Index, after its De Beers unit forecast stronger diamond sales, and metals advanced. Energy companies gained as oil increased. LVMH Moet Hennessy Louis Vuitton SE added 1.5 percent, reversing earlier declines sparked by worse-than-forecast sales.