Stocks Rise on U.S. Budget Talks; Euro Fluctuates

European stocks rose to an 18-month high on optimism U.S. lawmakers will reach a budget deal. The euro was little changed against the dollar and copper fell before the European Central Bank unveils its economic forecast.
Equity Valuations Lofty, Earnings Lousy: Morganlander
45:48 - Stifel Nicolaus' Chad Morganlander and Bloomberg's Michael Regan discuss the global selloff in stocks with Bloomberg's Pimm Fox on "Taking Stock." (Source: Bloomberg)
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