European stocks climbed, extending yesterday’s biggest rally intwo weeks, as Air France-KLM Group and Deutsche Lufthansa AG posted earnings that beat estimates. U.S. futures and Asian shares also advanced.
50:27 - Bloomberg has learned that China has indeed been reducing its hoard of U.S. Treasuries, confirming intense speculation in the market. Bloomberg's David Ingles reports on "First Up." (Source: Bloomberg)
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