European Stocks Rise on China Optimism

European stocks rose for a third day, led by banks and mining companies, after China signaled wider policy support for the economic recovery by allowing insurers to invest more in banks and promoting urbanization. U.S. index futures and Asian shares also gained.
Stocks Hover Near Highs of the Day
07:17 - Bloomberg's Matt Miller updates the latest markets news. He reports on "Bloomberg Markets." (Source: Bloomberg)
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