European Stocks Rise on Fed Comments; Daimler, Axa, Rio Tinto Pace Gains

(Bloomberg) -- European stocks advanced for a second
day, led by exporters and mining companies, after the U.S.
Federal Reserve said the world's largest economy is growing
without spurring inflation and copper prices increased in Asia.

DaimlerChrysler AG and Axa SA led an advance by companies
that rely on the U.S. for revenue. Rio Tinto Group, the world's
third-biggest mining company, climbed to a record. Cadbury
Schweppes Plc gained on expectations the world's largest
confectioner may get offers for its U.S. drinks unit.


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