European Stocks Erase Post-Brexit Plunge on Earnings Optimism

Updated on
  • Nestle rises to all-time high after Societe Generale upgrade
  • Almost all western-European markets advance; CAC 40 up 1.2%

Investors Turn Backs on German DAX

Exactly seven weeks after the British referendum to leave the European Union, the region’s stocks erased their post-vote slump, boosted by better-than-forecast earnings from Zurich Insurance Group AG to KBC Group NV.

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