European markets close higher; Dax up 1.19%

Forexpros – European stocks were up after the closing bell on Tuesday.

At the close of European trade, Germany’s DAX rose 1.19%, London’s FTSE 100 gained 0.65%, France’s CAC 40 climbed 1.21% and the EURO STOXX 50 was up 1.34%.

Earlier in the day, data showed that German ZEW economic sentiment fell more-than-expected to -15.1 last month, from -9.0 in the preceding month.

Analysts had expected German ZEW economic sentiment to fall to -12.3 last month.

Meanwhile, on Wall Street, equity markets were up after the open. The Dow Jones Industrial Average was up 0.99%; the S&P 500 index gained 0.92%, while the Nasdaq 100 index climbed 1.76%.

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