European Stocks Advance as Investors Weigh U.S. Shutdown

European stocks climbed, rebounding from their biggest decline in a month, as investors assessed the impact of a partial shutdown of the U.S. government.

Telecom Italia SpA rose 5.2 percent after Goldman Sachs Group Inc. reinstated its buy rating on the shares. Vestas Wind Systems A/S gained 6.8 percent after Bank of America Corp. raised its price forecast on the Danish maker of wind turbines. Unilever slid to its lowest price in 10 months as the world’s second-largest consumer-goods maker said sales growth slowed in the third quarter.