At 9:00 AM in Lisbon, the EuroStoxx 600 saw an increase of 0.85% to reach 504.06 points.
The stock exchanges in London, Paris, and Frankfurt rose by 0.73%, 0.04%, and 1.11%, respectively, while those in Madrid and Milan appreciated by 0.83% and 1.08%.
In Lisbon, the trend continued from the opening, with the main index, PSI, rising 0.80% to 6,635.17 points by 8:50 AM.
The euro increased to 1.1344 dollars in the Frankfurt foreign exchange market, compared to 1.1331 dollars and 1.1355 dollars on April 11, marking a new high since February 18, 2022.
Markets turned positive after U.S. President Donald Trump announced tariff exemptions on smartphones and computer monitors on Sunday.
However, it was reported in recent hours that the Trump administration has initiated national security investigations into the imports of chips and pharmaceuticals. These are reportedly intended to justify the imposition of new tariffs on these products.
The day’s agenda includes data on the Eurozone’s industrial production and the ZEW economic sentiment survey from Germany. In the United States, the New York manufacturing survey results are due.
In Asia, Tokyo’s main stock index, the Nikkei, rose 0.84%, buoyed by strong performances from automotive manufacturers. The benchmark index of the Shanghai Stock Exchange climbed 0.15%, while the Shenzhen index fell 0.27%. The Hang Seng was nearly stable, rising 0.10%, just minutes before closing.
Wall Street closed in positive territory yesterday, boosted by recent tariff exemptions on several electronic products.
The Dow Jones ended up 0.78% at 40,524.79 points, compared to its all-time high of 45,014.04 points on December 4, 2024.
The Nasdaq, the high-tech stock index, also rose, closing at 16,831.49 points, against an all-time high of 20,173.89 points on December 16, 2024.
Currently, futures of the major Wall Street indicators point to a slight rise at the opening.
The yield on the 10-year German bond, considered the safest in Europe, fell to 2.503%, down from 2.509% in the previous session.
The price of an ounce of gold, a safe-haven asset, increased to 3,218.33 dollars per ounce, compared to 3,207.64 dollars on Monday and a new historical high of 3,237.61 dollars recorded on April 11.
The price of Brent crude for June delivery, the benchmark in Europe, rose to 65.35 dollars, up from 64.88 dollars in the previous session. This comes a day after the Organization of the Petroleum Exporting Countries (OPEC) lowered its oil production forecasts for this year and 2026.
