(Bloomberg) -- European stocks rebounded from a
five-day plunge on waning concern that the U.S. subprime-credit
crisis will damp economic growth.
Aviva Plc, HSBC Holdings Plc and UBS AG paced gains by
financial stocks. Lloyds TSB Group Plc rallied on earnings that
topped analysts' estimates. Ryanair Holdings Plc and MAN AG led
airline and auto stocks higher after raising profit forecasts.
GlaxoSmithKline Plc jumped the most in two years after a panel of
doctors said its Avandia drug should remain on the U.S. market.
Read more at Bloomberg Stocks News
five-day plunge on waning concern that the U.S. subprime-credit
crisis will damp economic growth.
Aviva Plc, HSBC Holdings Plc and UBS AG paced gains by
financial stocks. Lloyds TSB Group Plc rallied on earnings that
topped analysts' estimates. Ryanair Holdings Plc and MAN AG led
airline and auto stocks higher after raising profit forecasts.
GlaxoSmithKline Plc jumped the most in two years after a panel of
doctors said its Avandia drug should remain on the U.S. market.
Read more at Bloomberg Stocks News
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