Major European stocks rose by an average of 1.4-2.8% on Tuesday, trading data showed.

The biggest European stock exchanges today are as follows: Britain’s FTSE 100 index is up 1.44% to 7,007.75 points. France’s CAC 40 is up 2.76% to 5,953.99 points, and Germany’s DAX is up 2.31% to 12,489.49 points.

Investors on European stock exchange markets were optimistic about the last trading on the American stock markets, which finished the trading session on Monday with growth of 2% and more.

Also, they paid attention to corporate news from Germany. The head of Volkswagen automobile concern Oliver Blumet told the Handelsblatt newspaper that he intends to bring all the subsidiaries to initial public offerings on the stock exchange, but for now “as a training”. He justified this decision by the success of the Porsche IPO. Against this background Volkswagen shares rose in price by more than 1%.

Traders also paid attention to BMW’s auto deliveries in the third quarter, which rose 3.2% YoY to 78,031.

Earlier, we reported that U.S. stock market indices fell 1.5-1.7%.