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European stocks closed higher Tuesday, attempting to bounce back from Monday’s losses on coronavirus concerns and bank allegations.

The pan-European Stoxx 600 closed up by almost 0.5% provisionally, with oil and gas stocks jumping 1.7% to lead gains while the insurance sector dropped 1.2%.

he moves came as concerns over the outlook for travel resurface, with analysts warning that European countries are likely to impose more restrictions on public life in the coming days amid a rapid rise in the number of daily coronavirus infections. The U.K. is set to reimpose some restrictions, including forcing pubs and restaurants in England to close at 10 p.m., as the country faces a second wave of infections.