European stocks are opened higher Thursday as investors swing back toward risk assets and digest a range of corporate earnings.
The pan-European Stoxx 600 jumped 1% at the opening bell, technology and basic resources the strongest performers as all sectors and major bourses traded in positive territory.
A sharp decline in bond yields stabilized late on Wednesday’s session to temper concerns over slowing economic growth. The sharp rally in fixed income caused a slide in equity markets in the previous session with investors fleeing to safe-haven assets.
Source : CNBC