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European stocks rebounded on Tuesday ahead of U.S. President Donald Trump’s reciprocal tariffs rollout. <\/p>\n
“Wednesday, it will be Liberation Day in America, as President Trump has so proudly dubbed it,” White House press secretary Karoline Leavitt said. <\/p>\n
“The President will be announcing a tariff plan that will roll back the unfair trade practices that have been ripping off our country for decades. He’s doing this in the best interest of the American worker.”<\/p>\n
Closer home, European Commission President Ursula von der Leyen said in a speech today that the European Union is open to negotiations with the U.S. on tariffs but will take retaliatory measures, if necessary,<\/p>\n
“We will approach these negotiations from a position of strength. Europe holds a lot of cards, from trade to technology<\/span> to the size of our market. But this strength is also built on our readiness to take firm countermeasures if necessary. All instruments are on the table,” she said.<\/p>\n In economic releases, the HCOB Eurozone Manufacturing PMI came in at 48.6 in March 2025, slightly below the preliminary estimate of 48.7 but up from February’s final reading of 47.6.<\/p>\n Elsewhere, U.K. house prices remained flat as the stamp duty holiday ended at the end of March, data from the Nationwide Building Society showed.<\/p>\n House prices showed nil growth in March compared to February. This followed an increase of 0.4 percent in the previous month. On a yearly basis, house price growth remained unchanged at 3.9 percent in March.<\/p>\n Euro area inflation data may sway markets<\/span> as the day progresses. <\/p>\n The pan European STOXX 600 was up nearly 1 percent at 538.97 after falling 1.5 percent on Monday. <\/p>\n The German DAX climbed 1.2 percent, while France’s CAC 40 and the U.K.’s FTSE 100 both were up around 0.8 percent.<\/p>\n Ipsos SA, a global leader in market research, rose over 1 percent after it has entered into exclusive talks to purchase The BVA Family.<\/p>\n Wing turbine manufacturer Nordex SE rallied 2.2 percent on securing two orders from Swedish renewable energy company OX2 AB to supply in total 70 N175\/6.X wind turbines in Finland.<\/p>\n Skanska AB added 2 percent on winning a contract worth about SEK 4.5 billion for the Raritan River Bridge Replacement Project in Middlesex County, in the U.S. state of New Jersey.<\/p>\n Greencore Group shares jumped 5.4 percent. The producer of convenience foods has upgraded its full-year profit forecast after strong revenue and volume momentum continued into the second quarter. <\/p>\n Building materials supplier Travis Perkins plummeted 9 percent after it swung to a pre-tax loss and cut dividend. <\/p>\n<\/p>\n<\/div>\n