European shares advance after Bernanke speech

Source: Bloomberg
© Scanpix/Agence France-Presse
European shares rose after the Fed's Chairman Bernanke said that U.S. economy is not ready to stop monetary stimulus. The Stoxx Europe 600 Index added 0.9% to 297.41 as of 8:06 a.m. London time; moreover, the gauge advanced to its highest in approximately four weeks. Standard & Poor's 500 Index futures gained 1%, while the MSCI Asia Pacific Index increased 2%.

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