European stocks rise for a third session in a row after strong gains on Wall Street

    European shares rose on Wednesday, extending for a third session in a row, as investor sentiment continued to improve, especially after the strong gains of US stocks on Wall Street, as the Federal Reserve is ready to cut interest rates to support the world's largest economy in the face of increasing risks.



    The Dow Jones Stoxx Europe 600 rose by more than 0.2% to 09:12 GMT, the index ended yesterday's session up 0.7%, the second daily gain in a row, with recovery from a four-month low, supported by a strong rally for the sector Auto industry.



    The Stoxx Europe Index rose Wednesday morning to continue its gains for a third session in a row, with most of the major bourses and sectors in the positive region.



    The technology sector led the gainers in Europe with a gain of more than 1.5%, after a large rise in the sector in the United States.



    S & P 500 futures rose by more than 0.5%. The index ended yesterday's session by 2.15%, its first gain in three sessions, and the biggest daily gain since Jan. 21, after remarks by Governor Jerome Powell Federal Reserve.



    Powell said on Tuesday that the US central bank is closely monitoring current developments on the economy, especially trade tensions, and will do what it must do to maintain economic growth.



    The Euro Stoke 50 index rose by 0.2%. In France, the CAC 40 rose by more than 0.3%. In Germany, the DAX rose by 0.2%. In London, the FTSE 100 added 0.3%.
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