Pursuits
European Stocks Climb as U.K. Manufacturing Tops Forecast
This article is for subscribers only.
European stocks rose for the first time in a week as manufacturing in U.K. and Italy unexpectedly gained and euro-area finance ministers agreed on steps to support Spanish banks.
ASML Holding NV rallied the most since 2008 as Intel Corp. agreed to invest as much as $4.1 billion in the maker of semiconductor equipment. Barclays Plc added 2.2 percent after Chairman Marcus Agius said the bank’s former chief executive officer will forgo bonuses. Ipsen SA plunged 11 percent after U.S. regulators put two of its clinical trials on hold.