(Bloomberg) -- European stocks advanced to a 6 1/2- year high after a report showed U.S. worker productivity rose as labor costs eased, and Royal Dutch Shell Plc and Unilever reported earnings that beat analysts' estimates.
``Today's data was a good mix indicating sustained growth and low inflation risk,'' said Carsten Klude, who helps manage $20 billion as head of investment strategy at M.M. Warburg & Co. in Hamburg. ``Positive earnings surprises are the groundwork for further share price gains.''
Read more at Bloomberg Stocks News
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