RTRS: Europe shares turn positive as Wall Street rises
Europe shares turned positive on Wednesday afternoon, after a higher opening on Wall Street.
At 1458 GMT, the FTSEurofirst 300 .FTEU3 index of top European shares was up 0.4 percent at 777.64 points, having been as low as 755.35 earlier in the session.
Banking stocks, hammered in recent sessions, added most to the index. BNP Paribas (BNPP.PA), Deutsche Bank DBGKn.DE, HSBC (HSBA.L), Societe Generale (SOGN.PA) and UBS (UBSN.VX) were up between 4.2 and 11.6 percent.
U.S. shares were higher, buoyed by a solid outlook from IBM [ID:nN20268352] after markets closed on Tuesday.
Investors were looking for measures from President Barack Obama to keep the year-long recession from worsening.
The Dow Jones .DJI, S&P 500 .SPX and Nasdaq Composite .IXIC were up between 1.8 and 2.3 percent.
