European stocks rally to close in positive territory

European stocks rallied Wednesday to close in positive territory.

The STOXX Europe 600, which includes around 90% of the market capitalization of European markets in 17 countries, was up 3.76 points, or 0.74%, to finish at 514.67.

The UK's FTSE 100 rose almost 50 points, or 0.61%, to end the day at 8,171, while Germany’s DAX jumped 210 points, or 1.16%, to 18,374.

France's CAC 40 added 93 points, or 1.24%, to close at 7,632.

Italy's FTSE MIB added 363 points, or 1.09%, to hit almost 33,845 by the closing bell.

Spain's IBEX 35 was the best performer of the day, soaring 144 points, or 1.32%, to end the day at 11,056.