Pursuits
European Stocks Rebound From Last Week’s Drop; Renault Rallies
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European stocks climbed, rebounding from last week’s biggest selloff since September, as China’s pledge to boost growth outweighed concern that Greece may be forced to leave the euro area.
Carmakers paced advancing shares as analysts recommended Renault SA and Fiat SpA. Barclays Plc rose after saying it plans to sell its entire $6.1 billion stake in BlackRock Inc. Carlsberg A/S, the world’s fourth-biggest brewer, dropped 5.9 percent after ING Groep NV advised investors to sell the stock.