European Markets Open Higher Amid Dual Celebrations

Stocks across Europe opened higher on Friday, as investors found themselves balancing optimism over potential tariff resolutions with a cautious stance on the anniversary of the Schuman Declaration. The day also marked Moscow's Victory Day parade, with Russian President Vladimir Putin leading the 80-year commemoration.

Market Performances at a Glance

The French CAC 40 saw an increase of 0.47% at the opening bell. Similarly, the FTSE 100 advanced by 0.44%, the DAX rose by 0.48%, and the Euro Stoxx gained 0.26%, showcasing a positive start across major European indices.

Currency Movements

At 8:58 am CET, the euro was trading 0.16% higher against the dollar, reaching 1.12413. Meanwhile, the pound remained stable against the greenback, holding at 1.32433.

Stay tuned for more updates as the trading day progresses.