European stocks rise for second session on trade hopes

European stocks gained during the morning sessions on Tuesday, to continue rising for the second straight session, buoyed by the growing hopes about progress in trade talks between the US and China that indicate a close trade deal, while the gains remain limited as the market anticipates the British parliament crucial vote on Johnson's Brexit deal.

Stoxx Europe 600 rose by 0.1% as of 11:24 GMT, as it closed higher by 0.6% yesterday, after the release of robust earnings reports by major European companies in addition to growing hopes about a Brexit deal.

The index opened today's session higher, to continue rising for the second straight session, with most of the major European exchanges and sectors rising.

The energy sector saw the largest gains in Europe today, with a surge of more than 0.8%, as most of the oil and gas companies' stocks rose and the rise of oil global prices.

The Chinese Vice Foreign Minister, Le Yucheng, said on Tuesday the US and China have made some progress in the trade talks, and added that  any problem could be resolved as long as both parties respected each other.

President Trump also noted on Monday that both sides have made substantial progress in their mutual efforts to end the US-China trade dispute.

Otherwise, the British parliament will start a three-day debate on the Brexit legislation that was secured with EU by the British PM Boris Johnson in hiss attempts to avoid a chaotic scenario on October 31.

S&P 500 futures rose by 0.3%, to 5-week peek, as it closed higher by 0.7% yesterday at Wall Street, on positive signs about the US and China trade talks.

To the European stock markets, the Euro Stoxx 50 index rose by 0.1%, in France the CAC 40 rose by 0.1%, and in Germany the DAX index gained 0.15%, while in London the FTSE 100 rose 0.5%.