
European Shares Surge Amid Tariff Tensions and Peace Prospects
Published on: Aug. 7, 2025, 10:21 p.m. | Source: Devdiscourse
European shares saw their largest daily increase in over two weeks, driven by gains in financial stocks amid mixed corporate earnings, U.S. tariff impacts, and hopes for a Russia-Ukraine peace settlement. The STOXX 600 climbed, with financials and technology stocks leading the rise, while telecom dipped.