European stocks rose for a second day as companies from Deutsche Bank AG to ABB Ltd. reported earnings and the Federal Reserve begins a two-day policy meeting. U.S. stock-index futures advanced, while and Asian shares were little changed.
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| European Stock Market |
Deutsche Bank climbed 2.3 percent after Europe’s largest investment bank by revenue said first-quarter profit dropped less than expected. Statoil ASA gained 4.5 percent after reporting an advance in quarterly earnings. Nokia Oyj jumped 7.1 percent after naming a new chief executive officer and forecasting that second-half networks sales will increase. ABB lost 5.9 percent after the world’s largest maker of power transformers posted quarterly profit that missed estimates.
