The FTSE 100 rose 1.7% to 10,652.87, while the Dax gained 2.2% in Frankfurt and the Cac was up 1.7% in Paris. On Wall Street, the Dow Jones hit a new record high.

U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average were flat. Changes in futures do not necessarily predict movements after the opening…

European indexes were gaining, recovering ground after Wednesday's session ended mostly lower.

The FTSE 100 closed up 174.53 points, 1.7%, at 10,652.87.

The FTSE 100 closed up 26.16 points, 0.3%, at 10,679.03.