European Stocks Hit One-Week High as Oil and Yields Fall
The STOXX 600 rose 0.61% to 639.54, its highest level in a week, as lower oil prices and bond yields lifted appetite. LVMH results pressured luxury stocks.
European shares climbed to a one-week high on Tuesday, supported by lower oil prices and declining bond yields. Disappointing results from luxury bellwether LVMH weighed on the sector. 54 points by 0849 GMT, its highest…