Europe stocks advance since Yellen believes labour market improvement is not over

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Source: Bloomberg
© FP
Stoxx Europe 600 Index climbed for a fifth straight day, as Janet Yellen, the Fed's Chairman, said a lot of work should be done to improve the labour market. The main gainer in the Stoxx 600 among 19 industry groups was car manufacturing industry. Michelin & Cie. added 3.5%, while Barclays Plc dropped 4.6%. The Stoxx 600 gained 0.7% to 327.45 in London.
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