Investors pushed European stocks higher for a second day before the Federal Reserve’s much-awaited interest-rate decision, though equities pared gains in the last hour of trading.
The Stoxx Europe 600 Index climbed 0.2 percent at the close of trading in London, trimming an advance of as much as 1 percent. Anglo American Plc led an advance in miners, up for the first time in 12 days. Energy producers, leading the rally earlier, ended little changed as oil slipped.
Among stocks moving on corporate news, Casino Guichard-Perrachon SA rallied 6.5 percent after saying it will sell assets to cut debt by more than 2 billion euros ($2.2 billion) next year. Rolls-Royce Holdings Plc advanced 4.9 percent after announcing a management shakeup. Vestas Wind Systems A/S climbed 4.3 percent as U.S. Congress is set to vote on a bill that would extend renewable-energy credits. Altice NV surged a record 13 percent, after reaching its lowest price since April 2014 on Monday, as Deutsche Bank AG recommended buying the shares.
Dialog Semiconductor Plc lost 4.8 percent after cutting its fourth-quarter revenue forecast, and peer ASM International NV dropped 4.6 percent. Zodiac Aerospace fell 3.7 percent after reporting a decline in quarterly sales.