European stocks moved higher on Tuesday as investors monitored developments relating to the Chinese coronavirus, after global markets plummeted on Monday.
The pan-European Stoxx 600 was around 0.9% higher during afternoon deals at 417.57, with most sectors and all major bourses in positive territory. Telecoms stocks added around 1.7% to lead gains while tech stocks dipped below the flatline.
The snap back came after the Stoxx 600 dropped 2.3% on Monday, with around 180 billion euros of market value wiped out, but sentiment remains tied to news out of China.
Source : CNBC