European stock markets gain on Obama's victory

The Stoxx Europe 600 Index advanced 0.4% to 275.86 in early European trading session on Wednesday. Europe's equities are higher four days out of five, as Barack Obama defeated Mitt Romney in the presidential elections.  As the U.S. elections finished, markets expect clarification from the Bank of England and the European Central Bank. Announcements from these institutions should bring busier trading sessions in the next days.