European stocks climb as Draghi sticks to QE plan

European stock markets ended a volatile session mostly higher on Wednesday after European Central Bank President Mario Draghi vowed to keep quantitative easing running until September 2016.

Germany’s DAX 30 index DAX, +0.80%  posted one of the biggest gains among major country-specific indexes, rising 0.8% to close at 11,419.62.

France’s CAC 40 index PX1, +0.59%  climbed 0.6% to 5,034.17, while the U.K.’s FTSE 100 index UKX, +0.32%  picked up 0.3% to 6,950.46.

The pan-European Stoxx Europe 600 index SXXP, -0.13%  slipped 0.1% to 395.93 with shares of heavyweight Nestlé SA NESN, -0.76%  weighing on the benchmark.

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