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28.02.201706:18:00UTC+00European stocks escalate after four-day slump

European shares inched higher following its four-day plunge as traders anticipate US President Donald Trump's speech in a joint Congress session to search clues for his policies and new earnings reports.

The Stoxx Europe 600 Index gained 0.06% on Tuesday. Previously, the index lost its traction after it touched a 14-month peak on February 21.

Most sectors traded in an upbeat territory, with construction and material shares exhibiting its best trading performance in the early trading session on corporate earnings. Meggitt surged 11%, but Moneysupermarket wiped out over 12%.

Trump is poised to deliver his address to US legislators following the close of European markets.



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