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European Stocks Close Higher Amid Big Gains; Volvo Cars Drops 10%
Wednesday, 30 April 2025 00:25 WIB | MARKET UPDATE |SahamEropa

European markets closed higher on Tuesday after investors pored over a raft of earnings for indications of the impact of U.S. tariffs and global economic uncertainty.

The Stoxx 600 index closed 0.4% higher, with utilities and health care leading gains.

Regionally, the FTSE 100 closed up 0.6% — its 12th straight day of gains and its best gain in at least five years. France's CAC 40 and Germany's DAX rose 0.1% and 0.8%, respectively.

Volvo Cars shares fell 10% after the automaker reported a sharp drop in first-quarter profit and suspended its full-year guidance due to market headwinds. (Newsmaker23)

Source: CNBC

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