Skip to content
Subscriber Only

European Stocks Advance; BHP Billiton, BMW, Hochtief Shares Gain

European stocks rose, sending the Stoxx Europe 600 Index to its biggest two-day rally since July, as the European Central Bank extended an emergency loan program and housing data bolstered confidence in the U.S. economy.

BHP Billiton Ltd., the world’s largest mining company, led commodity companies higher. Bayerische Motoren Werke AG paced gains among carmakers, surging to a record high, after U.S. sales last month jumped 30 percent. Hochtief AG led construction companies higher as Russia and Qatar won the rights host soccer’s World Cup.