European Stocks Finish Higher for Third Day

European stocks closed higher on Thursday, registering gains for the third consecutive session, supported by the gains of the tech and travel sectors and a positive sentiment towards the anticipated rise in stimulus spending by the new administration in the United States.

The pan-European STOXX 600 index finished higher by 0.7% to close at its highest level since February 2020.

The French index CAC40 rose by 0.33%, while the German DAX added 0.35%.

Meanwhile, the UK’s FTSE100 gained 0.84%.