European stocks closed Wednesday on big gains, supported by positive sentiments after it was reported that new progress has been made on the way to develop a vaccine for the coronavirus disease (COVID-19).
The pan-European Stoxx 600 index rose by 1.76% and settled at 373.87.
FTSE100 surged by 1.83% and closed at 6,292.65.
In France, the CAC40 index jumped by 2.03% to 5,108.98, while in Germany the DAX closed higher by 1.84% at nearly 12,931.