Economics

European Stocks Are Little Changed at Six-Year High

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European stocks were little changed, with the Stoxx Europe 600 Index at a six-year high, as a rally in ASML Holding NV offset a decline in ABB Ltd.

ASML jumped the most in a year after saying it plans to increase its 2013 dividend. Rautaruukki Oyj soared 33 percent after SSAB AB offered to buy the Finnish steelmaker. ABB Ltd. retreated 3.6 percent after saying charges from project delays and operational issues will hurt profit.