India, May 20 -- European stocks closed broadly higher on Tuesday amid easing tariff worries, and expectations that Russia and Ukraine would soon begin ceasefire negotiations. The UK-EU trade agreement on Monday contributed as well to the positive mood in European markets.
Investors also continued to react to corporate earnings updates, and looked ahead to upcoming economic data from major European countries and the U.S.
The pan European Stoxx 600 gained 0.73%. The U.K.'s FTSE 100 climbed 0.94%, Germany's DAX gained 0.42%, hitting a new record high in the process, and France's CAC 40 closed 0.75% up. Switzerland's SMI ended with a gain of 0.41%.
Among other markets in Europe, Austria, Belgium, Denmark, Finland, Greece, Ireland, Portugal,...