European Stocks Rise With French Politics in Focus; Nestle Jumps
European stocks advanced after France’s Prime Minister survived two no-confidence votes. Gains for Nestlé SA also boosted the index as investors cheered the food giant’s turnaround plans.
The Stoxx 600 rose 0.7% at the close, while France’s benchmark CAC 40 Index climbed 1.4%. Prime Minister Sebastien Lecornu remained in office after announcing plans to suspend a contentious pension law.