European stocks climbed, extending the Stoxx Europe 600 Index’s rally from a two-year low, as France, Spain, Italy and Belgium imposed short-selling bans.
A separate report showed that U.S. consumer confidence fell further than expected in August. The Thomson Reuters/University of Michigan index of consumer sentiment declined to 54.9. That missed the median estimate of 69 economists for a reading of 62.
For more: European Stocks Rise for Second Day as Short-Selling Ban Imposed - Bloomberg
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