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Euronews
Euronews
Tina Teng

Market insights: What is behind the European stock markets’ rally?

European Union Euro Europe United States Donald Trump BNP Paribas Germany Intesa Sanpaolo

On Tuesday, European stock markets snapped a three-day losing streak following news that US President Donald Trump may soften his tariff stance. The pan-euro Stoxx 600 index rose 0.67%, the DAX jumped 1.13%, and the CAC 40 climbed 1.08%.  

In the year to date, Europe’s equity markets continue outperforming their US counterparts, with the euro Stoxx 600 gaining 8.9% and Germany’s DAX up 16%, while the S&P 500 is down 3% and the Nasdaq fell 5.4%.  

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