European stocks hit a four-month high after the U.S. and EU reached a trade deal, boosting investor confidence. Key U.S. data releases and tech company earnings are anticipated this week. The STOXX 600 rose 0.7%, with the DAX up by 0.4% and CAC 40 by 0.7%. Tech shares, like ASML Holding NV, surged, while Heineken Holding and Pernod Ricard saw declines. Nordex, a German wind turbine manufacturer, soared 5% after securing 2.3 gigawatts of new projects in Q2 2025. However, Tesco, a U.K. retailer, fell over 1% due to a share buyback program update.

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