European stocks resume gains following Wall Street's record highs

European stocks rose on Wednesday, after pausing yesterday, thanks to strong market sentiment following record gains in Wall Street.

The Stoxx Europe 600 index rose 0.15% as of 11:15 GMT, after closing lower by less than 0.1%, the first loss in 3 days.

The travel and leisure sector saw the largest gains in Europe today, with a jump of 1.5%, after positive news about the Covid-19 vaccines in the US.

The US Food and Drug Administration (FDA) has given full approval for the vaccination of people 16 years of age or older with the Pfizer-BioNTech Covid-19 vaccine after its emergency use license in December 2020.

S&P 500 futures fell 0.2% today ahead of Wall Street's opening, after the index ended higher by 0.15% and hit its record high at 4,492.81 points.

Back to Europe, the Euro Stoxx 50 index rose 0.1%, while France's CAC 40 rose 0.3%, Germany's DAX index rose 0.1%, and the UK's FTSE 100 rose 0.2%.