Europe surges at close on tariff relief hopes - Breaking The News
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Europe surges at close on tariff relief hopes

EPA-EFE/RONALD WITTEK

Major stock markets in Europe traded with gains at the end of Tuesday's trading session, ending a four-day losing streak fueled by the unfolding trade war. Investors reacted positively to the news of the United States preparing to negotiate the new tariffs with partners. At the same time, US Treasury Secretary Scott Bessent said Trump will be personally involved in talks with other countries that could potentially result in Washington softening its trade policy.

The DAX surged 2.93% with Siemens Energy jumping 5.48% and the Euro Stoxx 50 added 2.86% after Adyen went up 6.03%. At the same time, the CAC 40 increased by 2.5% as Thales expanded 5.44% and the FTSE 100 was 2.71% higher with Rolls-Royce Holdings advancing 6.83%.

At the same time, Switzerland's SMI rose 3.21% as Lonza led the gains, surging 7.62%. Italy's FTSE MIB surged 2.49% after Leonardo SpA increased 7.45%. Spain's IBEX 35 traded in green territory, going up 2.53% with International Consolidated Airlines Group surging 6.21%.

Meanwhile, the euro traded slightly higher against the dollar, growing 0.08% at 5:32 pm CET and selling for $1.09155, while the pound sterling added 0.41% against the dollar one minute later and sold for $1.27722.

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