European stocks rose.

The STOXX50 index rose by 0.4% and the STOXX600 index rose by 0.3%.

Inditex's stock price rose by about 4% due to strong revenue from August to September.

Additionally, the Commerzbank stock price rose by approximately 17% as the German government sold a portion of its shares to Unicredit.

The share prices of Italian financial institutions also rose by 1.9%.

In addition, Kering (2.4%), ASML Holding (2.3%), Societe Generale (2.2%), Adidas (1.7%), and Banco Santander (1.8%) were the top performers.

Meanwhile, traders are preparing for the upcoming US inflation report and the European Central Bank's monetary policy decision scheduled for tomorrow.