European stocks closed higher on Wednesday as investors monitored corporate earnings as well as efforts to gradually open up economies.

The pan-European Stoxx 600 index closed 1% higher provisionally, with tech stocks rallying over 2% to lead gains as all sectors and most major bourses entered positive territory.

European markets are attuned to the latest coronavirus developments Wednesday with efforts to develop a vaccine and the prospects for economic recovery in focus. It comes as many countries tentatively ease lockdown measures.

Source : CNBC