India, Aug. 5 -- European stocks advanced on Monday as investors digested a slew of earnings updates and held onto hopes that the U.S. Federal Reserve may soon pivot to monetary easing.
In economic releases, business activity in the euro zone grew at a slightly faster pace in July than in June, a survey showed.
The HCOB Eurozone Composite Purchasing Managers' Index, compiled by S&P Global, rose to 50.9 from 50.6 in June - coming in below a preliminary estimate of 51.0.
Separately, Eurostat said that Eurozone producer prices rose 0.8 percent in June compared to May.
The pan European STOXX 600 was up 0.3 percent at 542.13 after rising 0.9 percent on Monday.
The German DAX gained half a percent, France's CAC 40 edged up by 0.2 percent and...