THE TRADER'S JOURNAL

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Wed05222013

Last update08:03:09 AM

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Stocks Update

European stocks rose as investors bet central banks will add to measures unveiled by the region’s governments to contain the sovereign-debt crisis and data from China and Japan fueled optimism Asia will drive global growth.

Invensys Plc (ISYS) advanced 2.3 percent after a report said China South Locomotive & Rolling Stock Corp. may make an offer. Aviva Plc, the U.K.’s second-biggest insurer, jumped 3.8 percent after it named a new chairman. Rhoen Klinikum AG (RHK) slumped 9 percent after Fresenius SE failed in its 3.1 billion-euro bid to buy the company. Full story