European Stocks Rise Amid U.S. Talks as Royal Mail Jumps
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European stocks climbed for a second day amid optimism U.S. lawmakers will agree to lift the debt limit, removing the imminent threat of default.
Royal Mail Group Ltd. jumped 38 percent on its first day of trading in London. Actelion Ltd. advanced 4 percent to lead a rally in health-care companies. Swedish Match AB tumbled the most in almost four months after saying earnings at its U.S. cigars and chewing-tobacco unit will decline.