European stocks rise for second straight session

European stocks rose on Wednesday, extending gains for the second straight day, near a 1-month high thanks to improved risk appetite after Wall Street's successive gains.

The Stoxx Europe 600 index rose 0.2% as of 11:10 GMT, after closing higher by 0.3%, resuming gains after a pause on Monday due to profit-taking from 1-month high at 469.52 points.

The food and beverage sector saw the largest gains in Europe today, with a rise of more than 1.2%, thanks to upbeat corporate earnings results.

S&P 500 futures rose more than 0.1% today, after the index closed higher by 0.75% yesterday, its fifth straight daily gain and hit a 6-week high at 4,520.40 points..

This came thanks to the strong start of the Q3 earnings reports season by major banks and companies.

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