European stocks closed higher after volatile trade on Friday, boosted by a rally in the auto sector. The pan-European FTSEurofirst 300 closed provisionally at a new 5-year closing peak.
European shares closed flat-to-lower on Thursday, pressured by downbeat data from the U.S. that included a jump in jobless claims and a drop in housing starts.
European shares pared losses to close at five-year highs on Tuesday, after influential hedge fund manager David Tepper told CNBC he is "definitely bullish" on stocks.
European shares closed lower on Monday, having pared losses after retail sales data in the U.S. came in better-than-expected. However, shares remained near the five-year highs hit in last week's global rally.
European shares closed at 5-year highs on Friday, as stocks continued in risk-on mode. The pan-European FTSEurofirst 300 index unofficially closed 0.3 percent higher at 2,781.58 points, its highest level since mid-2008.
European stocks close off their lows Monday, amid hopes for further central bank stimulus and as investors largely shrugged off a tepid euro zone economic report.
European shares rebounded to a higher close on Thursday, paring losses from when ECB President Mario Draghi confirmed the central bank would not deliver any extra stimulus. The pan-European FTSEurofirst 300 Index closed around 0.5 percent higher.
The U.K.'s FTSE 100 Index closed off its session highs on Wednesday, after worse-than-expected employment data was released in the U.S. Trade was thin, with most European bourses shut for the May Day public holiday.
Risk appetite returned to European markets on Thursday, as investor confidence got a further boost from the news that the U.K. avoided a triple-dip recession in the first quarter.
European shares closed higher on Wednesday, after weak German business sentiment data spurred hopes the ECB might move to cut interest rates when it meets next week.
European shares closed sharply higher on Tuesday after a positive Spanish bond auction and better-than-expected French manufacturing data buoyed investor sentiment.