Germany's DAX index rose more than 2% on Tuesday, signaling a partial recovery from recent sharp declines. The uptick comes after days of volatility spurred by US President Donald Trump's announcement of extensive global tariffs, which led to significant market unrest.
At 1:38 pm CET, the DAX rose by 2.27%, while the FTSE 100 and the CAC 40 added 2.48% and 2.13%, respectively. The Euro Stoxx 50 improved by 2.12%.
The euro traded 0.27% higher against the dollar to sell for $1.09378 at 1:30 pm CET. Simultaneously, the pound gained 0.38% compared to the dollar, going for $1.27729.
