Europe stocks trade higher on Wednesday, with traders bidding higher risky assets in early action.
After losing ground on Tuesday amid political upheaval in Italy, the Stoxx Europe 600
rose 0.46% to 373.00, led by oil giants including BP
also gained ground.
Italy’s FTSE MIB
, up about 12% for the year, rose 0.77% to 20643.95 as the nation waits for Italian President Sergio Mattarella to decide whether to hold fresh elections after the resignation of Prime Minister Giuseppe Conte on Tuesday.
Markets were awaiting fresh data on U.S. existing home sales, and after the European close, the release of minutes from the last Fed meeting.