European Markets End Tuesday on High Note
The pan-European Stoxx 600 index advanced 0.33%, gaining 1.82 points to finish at 550.58.
Germany's DAX 40 posted a strong 1.03% increase, closing at 24,217.37 points. The UK's FTSE 100 rose 0.6%, settling at 9,136.32.
In France, the CAC 40 index climbed 0.72% to end at 7,857.36, while Italy’s FTSE MIB 30 jumped 1.23%, reaching 41,234.31 points. Spain’s IBEX 35 also saw a 0.9% rise, closing at 14,347.7 points.
Investor confidence was bolstered by the newly reached trade agreement between the US and the EU, which eased tariff-related uncertainties impacting markets.
Adding to the positive sentiment, the International Monetary Fund (IMF) upgraded its global growth projections, forecasting 3% expansion this year and 3.1% next year.
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