Economics
European Stocks Climb as Merck, Rio Tinto Shares Advance
This article is for subscribers only.
European stocks rose, following the biggest drop in 11 weeks, as investors assessed the health of the euro-area economy and the prospects for European Central Bank stimulus after German business confidence fell for a fifth month.
Merck KGaA and Rio Tinto Group climbed as brokerages recommended buying the shares. TNT Express NV lost the most in 20 months after dropping its 2015 profitability forecast. Adecco SA slipped 0.8 percent after saying Germany and France experienced weaker growth than normal this month.