European stocks mixed on Tuesday, uncertainty builds

European stocks posted a mixed performance on Tuesday as investor sentiment remained fragile amid concerns over the potential fallout from proposed US tariffs and recent disruptions in Spain following a massive blackout.

The pan-European STOXX 600 dipped 0.13 per cent by 10:34 GMT, weighed down by a drop in economic sentiment across the bloc.

The cautious tone comes as global markets brace for the broader implications of a possible US tariff escalation, which threatens to reignite trade tensions during a period of already subdued economic momentum.

Germany’s DAX outperformed regional peers, rising 0.73 per cent, supported by data showing a modest rebound in consumer confidence.

In contrast, France’s CAC 40 slipped 0.08 per cent, while the UK’s FTSE 100 edged up 0.20 per cent.

Spain’s IBEX 35 fell 0.69 per cent as the country dealt with the fallout from a major communications blackout that disrupted daily life and commerce across Spain and Portugal for up to 20 hours. However, inflation data showed signs of easing, offering a modest boost to sentiment.

Attribution: Investing.com, Amwal Al Ghad English

Subediting: Y.Yasser

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