European stocks closed higher Wednesday, as investors tracked another batch of quarterly earnings and shrugged off Covid-19 fears.
The pan-European Stoxx 600 provisionally closed up by 1.7%, with travel and leisure stocks adding 3.7% to lead gains as all sectors and major bourses entered positive territory.
Markets in Europe extended gains from the previous session, following a sharp sell-off on Monday as traders worried the fast-spreading Covid delta variant could impact the global economic recovery.
Shares in the U.S. and Asia also advanced on Wednesday. On Wall Street, U.S. equities continued to rise on the back of better-than-expected earnings reports from Coca-Cola and Johnson & Johnson.
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