European stocks climb after U.S. Fed commitment to support economy

European stocks traded in positive territory on Thursday as traders react positively to comments from the U.S. Federal Reserve that it will continue to support the economy.

The pan-European Stoxx 600 climbed 0.4% in early deals, basic resources adding 1.4% to lead gains as almost all sectors and major bourses advanced.

U.S. stock futures climbed early on Thursday morning as traders kept an eye on Washington, looking for clues about the prospects of additional fiscal aid. Dow Jones Industrial Average futures gained 150 points. S&P 500 and Nasdaq 100 futures also rose marginally