European stocks rose Wednesday after two straight sessions of declines, as investors looked ahead to comments by Federal Reserve Chairman Jerome Powell later and the central bank’s economic forecasts.
The Stoxx Europe 600 index
rose 0.6% to 371.64, after Tuesday’s drop of 1.22%, which marked the biggest one-day percentage fall since May 29. The German DAX
gained 0.4% on the heels of a 1.6% drop, while the French CAC 40
rose 0.7% and the FTSE 100 index