European stocks rise on Wall Street support, travel shares jump 3%

Travel & leisure stocks snap 4-day losing streak; weaker metal prices weigh on miners

European stocks rose on Thursday as a rebound in travel stocks and overnight strength in Wall Street helped offset concerns about China's slowing economy that dragged down miners.

The pan-European STOXX 600 index rose 0.7%, bouncing off a six-week closing low hit in the previous session.

Travel & leisure jumped 3.1% to break a four-day losing run, while automakers rose 0.6% to a one-month high.

Europe's largest low cost carrier Ryanair surged 5.6% after it raised its long-term traffic forecast. Rivals easyJet, British Airways-owner IAG and Wizz Air gained almost 4% each. read more

While Asian stocks came under pressure