France's CAC 40 rose 1.0% in early trading to 5,286.88, and Germany's DAX gained 1.3% to 11,722.72. Britain's FTSE 100 was up 0.5% at 7,210.44. U.S. shares were set to drift higher with Dow futures slightly higher at 25,933. S&P 500 futures were up 0.1% at 2,878.20.
Wall Street regained its footing Tuesday, a day after its biggest decline in a year which was set off by news that China allowed its currency to depreciate against the dollar to its lowest level in 11 years.
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