Bloomberg European stocks rose on Monday after Chinese shares advanced with the yuan as investors took encouragement from the Asian country’s pledges to support the world’s second-biggest economy in the face of the coronavirus outbreak. The yen and gold both dipped. Gains in the Stoxx Europe 600 Index were led by automakers and miners. US equity-index futures climbed, though Wall …

Bloomberg China’s stocks recouped all their losses from a record $720 billion sell-off earlier this month, a sign that investor confidence is improving after policy makers acted to ease the economic fallout from the coronavirus outbreak. The Shanghai Composite, CSI 300 and SSE 50 indexes all rose about 2% on Monday to finish above their closing levels on January 23, …

Bloomberg China’s central bank provided medium-term funding to commercial lenders and cut the interest rate it charges for the money, a move widely anticipated by analysts to cushion the economy from the virus epidemic. The People’s Bank of China offered 200 billion yuan ($29 billion) of one-year medium-term loans on Monday. The rate was lowered by 10 basis points to …