European shares rise as Alcoa beats estimates

Source: Bloomberg
© Scanpix/Reuters
European shares advanced for a second day in a row as Alcoa Inc. began the U.S. earnings-reporting season and the data have beaten the analysts' estimates. The Stoxx Europe 600 Index added 0.5% to 293.81 as of 8:06 a.m. London time; moreover, the equity-benchmark gained 1.4% on Monday and it advanced 1.2% previous week.

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