European Stocks Climb on German Business Confidence

European stocks climbed for a second day as German business confidence rose more than forecast and optimism mounted that U.S. policy makers will reach an agreement on next year’s budget. U.S. index futures and Asian shares rose.
Equity Valuations Lofty, Earnings Lousy: Morganlander
15:19 - 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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