India, Feb. 26 -- European stocks closed higher on Wednesday, reacting to some strong earnings updates, and slightly easing geopolitical concerns following Ukraine and the U.S. agreeing on a minerals deal.
The draft minerals deal to turn over Kyiv's revenue from some of its mineral resources to Washington, says that the United States wants Ukraine to be "free, sovereign and secure."
The deal is key for Ukraine in securing continued U.S. support for its fight against Russia.
According to reports, the agreement could be signed as early as Friday when Ukrainian President Volodymyr Zelensky visits Washington to meet his American counterpart.
Mining stocks gained as copper prices climbed higher. Bank stocks had a good session, contributing s...