European Stocks Resume Climb as M&A News Outweighs Trade Worries

European equities climbed as investors grew more optimistic that the worst-case impacts from US tariffs could be averted and as they parsed a flurry of merger and acquisition news.

The Stoxx Europe 600 Index ended the session 0.5% higher, its fifth day of gains in a row and its longest winning streak since January. Germany’s DAX index advanced 0.1%, nearly recouping all of its losses since April 2, when President Donald Trump announced his reciprocal tariffs.