Europe stocks advance for third session in a row

Europe

Europe stocks on Tuesday rose for a third session in a row, supported by murmurings that fiscal policy could join monetary action in supporting the global economy.

The Stoxx Europe 600 SXXP, +0.05%  rose 0.3% to 374.88, led by drugmakers including AstraZeneca AZN, +1.61%  , which reported a favorable study, and household product firms including Unilever ULVR, +0.73%  .

The German DAX DAX, +0.00%  rose 0.2% to 11735.18, the French CAC 40 PX1, +0.08%  gained 0.2% to 5383.04 and the U.K. FTSE 100 UKX, +0.31%  rose 0.4% to 7217.40.

Talk of fiscal stimulus was once again in the air, as the Washington Post reported that White House officials have begun talking about a temporary payroll tax cut, while Italian Deputy Prime Minister Matteo Salvini called for a 50 billion euro “shock” stimulus.

U.S. stock futures ES00, +0.13%  also were slightly higher after a 250-point advance for the Dow Jones Industrial Average on Monday.

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