(BLOOMBERG) London – European stocks climbed, extending the Stoxx Europe 600 Index’s biggest rally in a week, as German investor confidence unexpectedly rose, offsetting downgrades of six euro-area countries by Moody’s Investors Service. U.S. index futures were little changed, while Asian shares retreated.
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European Stocks Rise Despite Ratings Downgrades
European stocks climb, extending the Stoxx Europe 600 Index’s biggest rally in a week, as German investor confidence unexpectedly rose, offsetting downgrades of six euro-area countries by Moody’s Investors Service.