European Stoxx 600 Index rose 0.21%

European markets opened higher on Tuesday, as investors analyzed a wave of corporate earnings for clues on the impact of US tariffs and the uncertainty surrounding the global economy.

The European Stoxx 600 index rose 0.21%, despite a 0.4% decline in the automotive sector, weighed down by losses in Volvo Cars, which reported a sharp decline in first-quarter earnings and decided to suspend its financial guidance for the rest of the year due to market pressure.

The Stoxx 600 index had finished the last five sessions higher, recovering its gains since the beginning of the year despite the sharp sell-off witnessed in March and early April. Corporate results are expected to play a pivotal role in shaping performance in the coming weeks, whether by strengthening or complicating it. The German DAX index rose 0.52% to 22,391.36 points, and the French CAC index rose 0.11% to 27,581.41 points.