European stocks fluctuated as a selloff in bank shares offset a $7.1 billion Chinese investment in Repsol YPF SA’s Brazilian unit. U.S. index futures and Asian shares advanced.
Man Group Plc , the hedge-fund manager that’s buying GLG Partners Inc., rose the most in five weeks amid speculation that an unidentified U.S. bank may make an offer for the firm.
As Switzerland’s central bank imposed a limit on the franc’s appreciation against the euro on Sept. 6, UBS AG trader Kweku Adoboli’s Facebook profile had a plea for his friends: “Need a miracle.”
U.K. stocks climbed, extending the highest level for the FTSE 100 Index since June 2008, as shares of ARM Holdings Plc surged.
European stocks rebounded from a six-week low as better-than-estimated earnings reports overshadowed concern that Greece’s credit crisis will spread through the euro region.
U.K. stocks rose before euro-area leaders gathered at a summit in Brussels as they struggled to solve Europe’s sovereign debt crisis.
Most European stocks retreated, led by a selloff in commodity producers, after China moved to cool its overheating economy.
U.K. stocks advanced for a second day as optimism mounted that private creditors will approve a Greek debt swap and as the Bank of England maintained its key interest rate and bond-purchase target.
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