European markets move higher ahead of key Fed speech; Elekta shares jump 13% – CNBC
European stocks traded slightly higher on Wednesday morning, amid optimism about U.S.-China trade and ahead of a key speech by the U.S. Federal Reserve chairman.
The pan-European Stoxx 600 index was up around 0.4% during mid-morning deals, reversing earlier losses, with almost all sectors and major bourses trading in positive territory.
Travel and leisure stocks led the gains, up more than 1.3%, while utilities shares dipped into negative territory.
Europe’s early market moves follow relati…