Major European stocks rebounded ahead of Thursday's session on positive sentiment pushed by news the Swiss National Bank decided to support Credit Suisse amid struggles caused by the spillover effects of Silicon Valley Bank's crash. Today's session will also be marked by the European Central Bank's interest rate decision.

The DAX jumped 1.48% at 7:41 am CET, while the CAC 40 rose 1.57%. The Euro Stoxx 50 climbed 1.74%, and the FTSE 100 expanded by 1.03%. The euro gained 0.28% against the dollar to sell for 1.06074 at 7:47 am CET, while the pound increased 0.13% to $1.20729.