European markets closed slightly higher Thursday as momentum rebuilds following a shaky start to the new trading quarter.
European markets
The Stoxx 600 index closed 0.16% higher, with sectors in mixed territory. Mining stocks gained 1.7%, while chemicals slipped 0.6%.
Volvo Cars shares rose by nearly 7% after the automaker posted record single-month sales for March.
Thursday is light on the earnings front, while the release of notes from the European Central Bank's last monetary policy meeting is expected to shine some light on the path for interest rate cuts. Mining giant Rio Tinto also holds its annual general meeting.
In Asia-Pacific, markets rebounded following a selloff in the previous session. Meanwhile, U.S. stocks rebounded from three straight losses as investors digested comments from U.S. Federal Reserve Chairman Jerome Powell.