Economics
European Stocks Rise With Banks After Best Quarter Since 2009
Investors will watch economic reports today, with the euro area updating on consumer prices, while the U.S. releases private income and spending data. A report on U.S. manufacturing is also due, along with factory gauges across the euro region.
Photographer: Martin Leissl/BloombergThis article is for subscribers only.
Banks led European stocks higher after equities completed the biggest quarterly advance since 2009.
The Stoxx Europe 600 Index added 0.3 percent to 398.52 at the close of trading. It briefly erased almost all its gains after a report said Greece may seek to delay an April 9 deadline to repay loans to the International Monetary Fund. A Greek government official denied the report. The country’s ASE Index slid 1.3 percent for the worst performance among 18 western-European markets.