European Markets Experience Significant Gains

In a remarkable turnaround, major European stock markets closed higher on Tuesday, breaking a four-day losing streak. This surge was largely attributed to growing optimism over potential US tariff negotiations, signaling a possible easing of the ongoing trade war tensions.

Key Players and Performances

Notable gains were observed across the board, with the DAX jumping 2.93%, led by Siemens Energy's 5.48% increase. Similarly, the Euro Stoxx 50 and CAC 40 saw significant upticks, fueled by strong performances from Adyen and Thales, respectively. The FTSE 100 also enjoyed a robust day, with Rolls-Royce Holdings leading the charge.

Swiss and Italian Markets Shine

Switzerland's SMI and Italy's FTSE MIB were among the top performers, with Lonza and Leonardo SpA posting impressive gains. Spain's IBEX 35 also ended the day in positive territory, thanks to a strong showing from International Consolidated Airlines Group.

Currency Movements

On the currency front, the euro and pound sterling both appreciated against the dollar, further underscoring the day's positive sentiment across European financial markets.