European stocks close higher on optimism about tariff exemptions; positive

From NASDAQ.: 2025-03-25 13:36:00

European stocks closed higher on Tuesday as optimism about tariff exemptions by the Trump administration boosted investor sentiment. The pan European Stoxx 600 gained 0.7%, with the UK’s FTSE 100 up 0.3%, Germany’s DAX up 1.13%, and France’s CAC 40 up 1.08%. In the UK market, Anglo American Plc, Antofagasta, and others saw gains, while Kingfisher tanked more than 14%. In Germany, Bayer climbed more than 5% and Deutsche Bank gained about 2.3%. Economic news included a rise in the Ifo Business Climate indicator for Germany in March. UK retail sales declined sharply in March, and new car sales in Europe dropped by 3.4% in February.



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