India, March 25 -- European stocks closed higher on Tuesday amid optimism about some tariff exemptions by the Trump administration. The U.S. President said on Monday that not all proposed levies would be enforced by April 2, with some countries potentially receiving exemptions.
Investors also digested the latest batch of economic data from the region, and reacted to some earnings updates.
The pan European Stoxx 600 gained about 0.7%. The U.K.'s FTSE 100 settled 0.3% up, Germany's DAX climbed 1.13% and France's CAC 40 advanced 1.08%, while Switzerland's SMI edged up 0.1%.
Among other markets in Europe, Belgium, Greece, Iceland, Ireland, Netherlands, Norway, Poland, Portugal, Spain, Sweden and Turkiye closed higher.
Austria, Denmark and R...