U.K. stocks advanced, with the FTSE 100 Index heading for its longest streak of monthly gains since 1997, as reports showed durable-goods orders and house prices in the U.S. climbed more than estimated.
European stocks fell for a third day and German bunds rose amid speculation Italy’s election will fail to produce a clear winner. The yen weakened after the Group of 20 nations stepped back from censuring Japan over its currency policy. Metals declined.
European stocks rose for a fifth week as investors bet central banks would add to measures to stimulate economic growth, with the Stoxx Europe 600 Index paring some gains on concern that risks to a recovery remain.
European stocks advanced, after remaining little changed for most of the day, as the U.S. House of Representatives gathered to vote on suspending the country’s debt limit and as results from Novartis to Unilever beat analyst estimates.
U.K. stocks advanced, with the benchmark FTSE 100 Index racing past the 6,000 mark for the first time since July 2011, as U.S. lawmakers passed a bill that prevented most scheduled tax increases from coming into effect.
European stocks climbed, with the benchmark index completing its biggest weekly gain in almost a year, as German business confidence rose and investors watched Black Friday sales to gauge prospects for U.S. holiday shopping.