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European Stocks Rise as Finance Ministers Meet; Commodities Fall - San Francisco Chronicle
March 12 (Bloomberg) -- European stocks rose for a fourth day, recovering from earlier losses, as the region's finance ministers prepared to approve a second bailout package for Greece. Commodities slid and the yuan weakened after Chinese exports grew at a slower pace than forecast. The Stoxx Europe 600 Index advanced 0. 1 percent as of 10:10 a. m. in London.
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European Stocks Rise as Finance Ministers Meet; Commodities Fall
The GSCI gauge had climbed 2.1 percent over the previous three days. Oil fell 0.7 percent to $106.65 a barrel, the first drop in four days. "The data from China is a downside pressure on the oil market," said Ken Hasegawa, a commodity-derivative sales
Oil Gains a Second Day on U.S. Jobs, Iran: Commodities at Close
The Standard & Poor's GSCI gauge of 24 commodities rose 0.5 percent to 706.83 by 5 pm in London. The UBS CMCI index of 26 raw materials gained 0.2 percent to 1649.02. CRUDE OIL Oil climbed a second day as the US increased pressure on Iran to