European Stocks Jump to Three-Week High on Oil, Stimulus Bets
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European equities advanced to a three-week high on Thursday on investor optimism that U.S. stimulus talks are continuing.
The Stoxx 600 Index gained 0.8% by the close in London. Energy stocks led the advance as oil surged after Hurricane Delta forced operators to shut 80% of production in the Gulf of Mexico. Rolls-Royce Holdings Plc rallied 25% following its recent share price slump.