European Stocks Extend New Year Rally to Enter Bull Market

European stocks rose for a third day and entered a bull market after a better-than-forecast U.S. manufacturing report fueled investor demand hours after data in China showed its factories and services both ended 2016 on relatively robust notes. The Stoxx Europe 600 Index advanced 1 percent at 3:37 p.m. in London, with 13 of 19 industry segments climbing.