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European Stocks Edge Higher as Brent Falls 4.4% to $108.42

European stocks rose in late-morning trade, with the Stoxx 600 up 0.1% after reversing losses at the open. Brent fell around 4.4% to $108.42 a barrel amid hopes for diplomatic developments in the Middle East.

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European stock indexes rise in late morning European trade, reversing losses at market open. Brent crude oil prices fall around 4.4% to $108.42 a barrel on hopes for diplomatic developments in the Middle East, buoying energy-intensive sectors. The continent-wide Stoxx 600 inches up 0.1% after openi…

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