Europe Stocks Climb as GDP Data Fuel Stimulus Speculation
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European stocks advanced, reversing earlier losses, as data showing the euro area’s recovery stalled in the second quarter fueled speculation of more central bank stimulus.
ThyssenKrupp AG climbed after posting quarterly earnings that beat projections. Royal Boskalis Westminster NV surged 8.2 percent after saying it will start a share buyback program. RWE AG declined 2.1 percent after saying first-half profit fell 62 percent. Novozymes A/S slid 6.5 percent after the supplier of enzymes reported second-quarter net income that trailed analyst estimates.