European Stocks Rebound a Day After Fall

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The day before, European stocks slipped, with the STOXX 600 index losing three percent, a day after US crude crashed below zero for the first time in history.

European stock markets saw a rise on Wednesday as Italy is a nearly week away from ending its lockdown regime.

Amid the news about the lockdown being eased, Italian shares gained nearly one percent.

The pan-European STOXX 600 index was up 0.8% early on Wednesday, after tumbling more than 3% on the previous day following a historic collapse in oil prices.

Despite the rise, STOXX 600 remains 24 percent lower than it was in February when it registered a record high.

Sputnik

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