European markets were higher on the session, more than making up Monday’s declines.
The FTSE Eurofirst 300 added 1.71 percent to 1,507.29.
The Dax was up 1.12 percent to 7,457.9 in Frankfurt, while the Paris CAC-40 gained 1.72 percent to 5,478.94 and Madrid’s IBEX was 1.74 percent higher to 13,965.5.
The CAC-40 and the Dax each only saw two stocks decline on the day.
In Paris, Air France (Euronext: AF; NYSE: AKH) was 0.07 percent lower to €27.73, while Alcatel-Lucent (Euronext: ALU; NYSE: ALU; TYO: 6687) was the worst performer there with a decline of 0.54 percent to €7.30.
In Frankfurt, meanwhile, pharmaceuticals group Schering (FWB: SCH) dropped 0.09 percent to €104.46. Deutsche Post (FWB: DPW; LSE: DPO) had the worst day on the Dax as it fell 0.19 percent to €20.89.
The best performer on the Dax was stock exchange operator Deutsche Boerse (FWB: DB1), which added 3.83 percent to €78.96.
Meanwhile power generator and manufacturer Alstom (Euronext: ALO) did the best on the CAC-40, where it gained 6.47 percent to €136.06.
Steel-related shares did well in Paris.
Mittal Steel (Euronext: MT; NYSE: MT) was 3.35 percent higher to €46.64, while steel products manufacturer Vallourec (Euronext: VK) was up 4.22 percent to €184.31.
Carmakers saw gains.
BMW (FWB: BMW) gained 2.14 percent to €35.62, while Renault (Euronext: RNO) added 3.43 percent to €92.80.
Chemicals group Altana (FWB: ALT; NYSE: AAA) was 2.15 percent higher to €17.60.