European stocks closed higher Tuesday after European Union negotiator Michel Barnier said a Brexit deal between the bloc and the U.K. is still possible this week.
The pan-European Stoxx 600 was 1% higher at 394.02 at the closing bell. Retail and banking stocks climbed 2.4% to lead gains as all sectors traded in positive territory.
Most major bourses were trading higher, with only the U.K.’s FTSE bucking the trend on a slight loss.
Source : CNBC