Economics

European Stocks Advance as U.S. Adds More Jobs Than Estimated

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European stocks gained for a third day, posting a second weekly gain, as a report showed the U.S. economy added more jobs than economists had estimated.

Bayerische Motoren Werke AG and Daimler AG led gains in European carmakers, climbing more than 1 percent. Rio Tinto Group and Xstrata Plc advanced with metal prices.