Economics

European Stocks Rebound From Two-Month Low; Banks Lead Advance

Lock
This article is for subscribers only.

European stocks gained, rebounding from a two-month low, as banks and automakers advanced and Spain’s prime minister said the country wouldn’t need a bailout.

Deutsche Bank AG was among stocks leading banks higher. Volkswagen AG rose 3 percent. Aluminum producer Norsk Hydro ASA rose 2.2 percent. Nokia Oyj tumbled 14 percent after it lowered the first-quarter outlook for its handset division.