Pursuits
European Stocks Rise From Two-Year Low, Snapping Seven-Day Slide
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European stocks climbed from a two-year low, snapping a seven-day slump in the benchmark Stoxx Europe 600 Index, amid speculation the Federal Reserve will act to restore confidence in the markets.
Basic-resource stocks rebounded from an 11-day slide, led by gains at Antofagasta Plc. Thomas Cook Group Plc, Europe’s second-largest tour operator, surged 17 percent. RWE AG, Germany’s second-biggest power company, led utilities lower after profit fell.