European markets surge on Alcoa sales results

European stocks climbed on Tuesday after investors anticipated sales from Alcoa Inc. which reported higher than expected results. French shares including those for luxury goods rallied after Fitch said it is not planning to downgrade France this year. Stoxx Europe 600 index rose 1.8% to 250.82, French CAC 40 index rocketed 2.7% while UK's FTSE 100 index and German DAX gained 1.5% and 2.4% closing at 5,696.70 and 6,162.98 respectively.