European Markets Bounce Back

In a significant turnaround, major European stock markets closed higher on Tuesday, breaking a four-day losing streak. This surge was fueled by optimism over potential negotiations between the United States and its trade partners regarding new tariffs.

Key Players and Performances

Notable gains were observed across the board: DAX surged by 2.93%, with Siemens Energy jumping 5.48%, and the Euro Stoxx 50 added 2.86% following Adyen's 6.03% rise. Similarly, the CAC 40 and FTSE 100 saw increases of 2.5% and 2.71% respectively, with Thales and Rolls-Royce Holdings leading the charge.

Swiss and Italian Markets Shine

Switzerland's SMI rose by 3.21%, propelled by Lonza's 7.62% surge. Italy's FTSE MIB wasn't far behind, climbing 2.49% as Leonardo SpA advanced 7.45%.

Currency Movements

The euro and pound sterling also enjoyed gains against the dollar, marking a positive end to the trading day.