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European stocks were broadly higher on Tuesday as the U.S. extended its pause on higher tariffs for Chinese goods until November 10, averting an immediate escalation in the trade war.<\/p>\n
The pan European STOXX 600 edged up by 0.2 percent to 548.08 after finishing marginally lower on Monday. <\/p>\n
The German DAX slipped 0.1 percent, while France’s CAC 40 gained 0.4 percent and the U.K.’s FTSE 100 added 0.3 percent. <\/p>\n
The British pound gained against the euro and dollar after the release of labor market data, with payrolls falling for a sixth month and vacancies dropping further, while wage growth stayed strong.<\/p>\n
Separate set of data revealed that retail sales in the U.K. rose by 2.5 percent year on year in July.<\/p>\n
German IT services company Cancom SE fell 2.6 percent after it slipped to loss in the second quarter from profit a year ago. <\/p>\n
Valneva soared 8.2 percent in Paris as the specialty vaccine firm announced a 37.8 percent increase in revenue for the first six months of the year.<\/p>\n
Reinsurer Hannover Re declined 1.3 percent despite reporting higher net income and reinsurance revenue in the first half of the year. <\/p>\n
Swiss generics and biosimilar specialist Sandoz rose over 1 percent after partnering with Elawan Energy for 150MW solar projects in Spain.<\/p>\n
Spirax Group shares surged 13 percent. The British industrial thermal energy and fluid technology<\/span> company posted first-half 2025 earnings that beat expectations.<\/p>\n Property investor and developer Derwent London tumbled 4.2 percent after announcing the retirement of Executive Director Nigel George. <\/p>\n Recruiter Page Group declined 1.3 percent on reporting a 99 percent fall in first-half pre-tax profit against the backdrop of persistent macroeconomic uncertainty and tariff concerns. <\/p>\n Ladbrokes owner Entain fell nearly 3 percent despite reporting strong first-half results and lifting its full-year expectations. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n