European stock markets closed higher on Tuesday, with global investors preparing for the U.S. tariffs that are set to take effect on Wednesday.
The Stoxx 600 European index rose by 5.74 points, or 1.08%, to reach 539.66 points by the end of trading. By the close of Tuesday's session, the Stoxx 600 had recovered from four consecutive daily declines and a 1.5% loss in the previous session, as well as its first monthly loss of 2025 amid uncertainty over the tariffs.
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The German DAX index closed up by 370.84 points, or 1.67%, at 22,534.33 points, while the UK’s FTSE 100 increased by 51.99 points, or 0.61%, to 8,634.80 points. The French CAC 40 also gained 85.65 points, or 1.10%, to close at 7,876.36 points.
European stocks received a boost today after inflation in the Eurozone slowed, as expected, to 2.2% in March, according to data released by Eurostat.