Economics
Europe Stocks Advance With Bonds After EU Election: Markets Wrap
- Holidays in the U.S., Britain help push down markets volumes
- Italy’s sovereign bonds drop as European Commission mulls fine
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European stocks and core bonds climbed after mainstream parties held their ground against populists in elections.
The Stoxx Europe 600 Index rose for a second straight session, led by carmakers in the wake of Fiat Chrysler’s proposed merger with France’s Renault. U.S. stock futures drifted as markets closed for the Memorial Day holiday. Emerging-market shares gained.