Europe ends 2.6% up as oil soars; miners jump 8% – CNBC

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European markets finished sharply higher on Wednesday as investors cheered the recovery in oil prices and mining stocks, ahead of the release of the minutes of the last Federal Reserve meeting.

The pan-European STOXX 600 closed up 2.6 percent provisionally, with all sectors finishing in positive territory.

London’s FTSE 100 jumped 2.9 percent, with the index closing above 6,000 points. Germany’s DAX finished 2.65 percent up, while France’s CAC soared 3 percent, as a surge in Credit Agricole shares gave the index a boost.

‘We’re in a trampoline market right now, where stocks are bouncing around wildly almost every day,” Laith Khalaf, a senior analyst at Hargreaves Lansdown, said in an afternoon note.

Europe ends 2.6% up as oil soars; miners jump 8% – CNBC