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European stocks rise strongly; UBS reports quarterly profit

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European stocks rise strongly; UBS reports quarterly profit

Investing.com - European stock markets climbed higher Tuesday, continuing the generally positive global tone as investors digest a deluge of corporate earnings.The main indices on Wall closed sharply higher on Monday, most Asian stocks rose Tuesday and Europe has followed suit amid optimism Friday’s softer-than-expected U.S.That said, gains in Europe have been limited after German industrial orders fell in March by 0.4% on the previous month, considerably below the rise of 0.

A lack of settlement between the parties in the now seven-month long conflict has supported oil prices, as investors worry regional escalation of the war will disrupt Middle Eastern crude supplies.

 

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