European Markets End Higher Amid Trade War Relief Hopes

In a significant turnaround, major European stock markets closed higher on Tuesday, breaking a streak of losses fueled by ongoing trade tensions. The positive shift came as investors welcomed news of the United States' readiness to engage in negotiations over new tariffs with its trade partners.

Key Stocks and Indices Show Strong Gains

Notable performers included Siemens Energy, which jumped 5.48%, and Adyen, up by 6.03%, driving the DAX and Euro Stoxx 50 to surge by 2.93% and 2.86%, respectively. Similarly, the CAC 40 and FTSE 100 saw increases of 2.5% and 2.71%, with Thales and Rolls-Royce Holdings leading the charge.

Swiss and Italian Markets Also Benefit

Switzerland's SMI rose by 3.21%, with Lonza N surging 7.62%, while Italy's FTSE MIB climbed 2.49% thanks to a 7.45% increase in Leonardo SpA. Spain's IBEX 35 wasn't left behind, marking a 2.53% gain as International Consolidated Airlines Group soared by 6.21%.

Currency Movements Reflect Market Optimism

The euro and pound sterling also enjoyed gains against the dollar, with the euro trading slightly higher at $1.09155 and the pound adding 0.41% to $1.27722, signaling broader market confidence.