European Stocks Set For 3rd Month of Gains

European shares climbed on Tuesday and headed for their third straight month of gains, with a rally in firms such as British online supermarket Ocado and Swedish engineer Alfa Laval after their encouraging earnings updates supporting the market. The pan-European STOXX 600 index was trading 0.3 percent higher by 0946 GMT, after falling more than 1 percent in the previous session.