European stocks rise for third day after Wall Street's record gains

European stocks rose on Tuesday, extending gains for the third straight day, thanks to strong market sentiment following record gains in Wall Street.

The Stoxx Europe 600 index rose 0.1% as of 10:15 GMT, after closing higher by 0.7%, the second straight daily gain. 

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.

S&P 500 futures rose 0.2% today ahead of Wall Street's opening, after the index ended higher by 0.1% and hit its record high at 4,489.88 points.

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.

Back to Europe, the Euro Stoxx 50 index rose 0.1%, while France's CAC 40 fell 0.2%, Germany's DAX index rose 0.4%, and the UK's FTSE 100 fell 0.3%.