European Markets Open Higher on Positive Earnings Reports

Major European stock indexes saw an upward trend at the opening on Tuesday, buoyed by robust earnings reports from AstraZeneca PLC and Barclays PLC. Additionally, Koninklijke Philips N.V. has revised its 2025 outlook upwards, adding to the positive sentiment among investors.

Stock Performances Across Key Indexes

The DAX increased by 0.46%, with Siemens Health AG leading the gains at 1.59%. The FTSE 100 rose by 0.12%, highlighted by a 2.45% jump in Entain PLC. Similarly, the CAC 40 and Euro Stoxx 50 experienced growth, thanks to significant performances by Air Liquide SA and Infineon Technologies AG.

Currency Movements

Meanwhile, the euro and pound sterling saw declines against the US dollar, with investors closely watching the upcoming interest rate decision by the United States Federal Reserve.