In Germany, the DAX Index surged 235.99 points, or 7.08%, to 3,568.64. Stock gains were fueled by an asset allocation shift out of bonds and into stocks.
And in France, the CAC 40 was up 169.41 points, or 5.44%, to 3,284.79.
In Asia, the markets finished lower. The Nikkei was down 203.91 points, or 2.10%, to close at 9,501.02. Japan's major stock indices have declined for five consecutive days on prolonged concerns over the bellwether U.S. economy and equity worries after the country's July ISM services index fell to 53.1 from June's 57.2 and the benchmark averages tumbled overnight.
In Hong Kong, the market lost 161.64 points, or 1.64%, to close at 9,700.69.