European stocks climbed, rebounding from a three-week low, as investors weighed data on U.S. economic growth and house sales to gauge the Federal Reserve's view on continuing stimulus measures.

National benchmark indexes climbed in eight of the 17 western-European markets that were open today. The U.K.'s FTSE 100 rose 0.5 percent, while Germany's DAX added 0.8 percent and France's CAC 40 gained 0.6 percent. Trading in Vienna was closed for a holiday.

Lonmin led a rally in precious-metal producers, climbing 5.9 percent to 287 pence in London. Fresnillo advanced 6.2 percent to 1,156 pence, for its biggest advance in six weeks, and Randgold Resources Ltd gained 5.8 percent to 5,225 pence.

Pirelli & C. SpA climbed 3.1 percent to 8.86 euros after Goldman Sachs Group Inc upgraded Europe's third-largest tiremaker to neutral from sell, citing valuations.

Faurecia, which makes car interiors, added 3.8 percent to 16.97 euros after Goldman added the company to its "conviction buy" list.

U.S. stock futures rose after reports showed the economy grew less than forecast last quarter and jobless claims rose unexpectedly.

Global Stocks:

Nikkei 13,589.03 -737.43 -5.15%

Hang Seng 22,484.31 -70.62 -0.31%

Shanghai Composite 2,317.75 -6.27 -0.27%

FTSE 6,636.68 +9.51 +0.14%

CAC 4,003.15 +29.03 +0.73%

DAX 8,379.73 +43.15 +0.52%

Crude oil $92.59 -0.58%

Gold $1406.80 +1.11%

European stocks climbed, rebounding from a three-week low, before U.S. reports that may help gauge the strength of the world's largest economy. U.S. index futures were little changed, while Asian shares retreated.

The Stoxx Europe 600 Index added 0.2 percent to 303.14 at 9:46 a.m. in London. Contracts on the Standard & Poor's 500 Index lost 0.2 percent. The Stoxx 600 dropped 1.9 percent yesterday amid concern in the U.S. Treasury market that the Fed will begin to taper bond purchases as the world's largest economy strengthens. The gauge is still heading for a 2.2 percent advance in May for a 12th straight month of gains. The volume of shares changing hands in companies listed on the Stoxx 600 was 17 percent lower than the average of the past 30 days, according to data.

U.S. data today may show an index of pending house sales increased 1.5 percent in April, matching the gain the previous month, economists forecast ahead of a report from the National Association of Realtors. The Commerce Department will release revised data that may show the U.S. economy grew at a 2.5 percent annualized rate in the first quarter, the same as estimated last month.

Kazakhmys gained 2.9 percent to 344 pence and Glencore increased 2.4 percent to 335.5 pence. A gauge of mining companies was the best performer among the 19 industry groups in the Stoxx 600.

Pirelli advanced 3.3 percent to 8.88 euros after Europe's third-largest tiremaker was upgraded to neutral from sell by Goldman Sachs, which said automotive-related stocks in Europe are attractive because of their low valuations. Faurecia, which makes car interiors, increased 3.2 percent to 16.87 euros after Goldman added the company to its "conviction buy" list.

Renault SA declined 1.5 percent to 58.79 euros after Goldman Sachs downgraded France's second-biggest carmaker to sell from neutral.

FTSE 100 6,628.65 +1.48 +0.02%

CAC 40 3,990.76 +16.64 +0.42%

DAX 8,349.76 +13.18 +0.16%

Asian stocks retreated, with the regional benchmark index heading for its first monthly decline in seven months, as commodities fell and the yen traded near a three-week high.

Nikkei 225 13,589.03 -737.43 -5.15%

S&P/ASX 200 4,930.7 -44.03 -0.89%

Shanghai Composite 2,317.2 -6.82 -0.29%

Honda Motor Co., which gets 46 percent of sales from North America, slid 3 percent on concern a stronger yen will damp the earnings outlook for Japanese exporters.

BHP Billiton Ltd., the world's biggest mining company and Australia's No. 1 oil producer, lost 1.6 percent after crude and copper futures dropped.

Langham Hospitality Investments Ltd. slumped 9.2 percent on the hotel operator's first trading day in Hong Kong.

Change % Change Last

Nikkei 225 14,326.46 +14.48 +0.10%

S&P/ASX 200 4,974.7 +4.05 +0.08%

Shanghai Composite 2,325.2 +3.89 +0.17%

FTSE 100 6,627.17 -134.84 -1.99 %

CAC 40 3,974.12 -76.44 -1.89 %

DAX 8,336.58 -144.29 -1.70 %

DJIA 15,302.80 -106.59 -0.69%

S&P 500 1,648.37 -11.69 -0.70%

NASDAQ 3,467.51 -21.37 -0.61%