After a wobbly start to the trading day, European stocks headed higher on Thursday. The pan-European index was lifted by broad-based gains in the banking sector, after Credit Suisse provided an upbeat outlook and vowed to return a large chunk of profits to investors, MarketWatch reports.
Oil companies, however, were trading mixed as the closely watched OPEC meeting got under way in Vienna. Some of the world’s largest oil producers will debate whether to extend their deal on production cuts, with investors watching how long that extension might be.
