Europe closes higher following Wall Street gains - Breaking The News
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Europe closes higher following Wall Street gains

EPA-EFE/CHRISTOPHE PETIT TESSON

European stock exchanges closed the trading session higher on Tuesday with positive sentiment spilling over from Wall Street as investors braced for the release of annual inflation data in the United States.

In corporate news, Mercedes-Benz registered a 6% jump of its total sales during the second quarter, while Daimler Truck upgraded its full-year guidance for fiscal 2023.

The DAX increased 0.73% and the Euro Stoxx 50 added 0.71% as Vonovia SE advanced 3.78%. The CAC 40 climbed 1.07% with Unibail-Rodamco-Westfield jumping 4.19%. The FTSE 100 was up 0.12% as Unite Group Plc. gained 2.98%.

The euro lost 0.10% compared to the dollar, to sell at $1.09901 at 5:26 pm CET. The British pound rose by 0.22% to $1.28902, trading at its 15-month high against the dollar after the unemployment report.

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