China Support Measures Buoy Stocks to Commodities: Markets Wrap

News Snapshot:

(Bloomberg) — China’s latest economic support measures buoyed stocks and commodities on Tuesday, with European equities getting an additional lift from signals that policy tightening in the euro area may be near the end. Most Read from Bloomberg The Stoxx Europe 600 index is on track for a third day of gains, rising 0.5 at the open with real estate and basic resources leading the advance. The European Central Bank is nearly finished hiking, Governing Council member Francois Villeroy de Galhau said, though he added that interest rates will stay at “high plateau” to ensure they fully impact the economy....