The U.K.’s FTSE 100 index closed the session marginally higher
Regional markets had ended last week higher
Sanofi rose 2.7% on a Q3 profit beat
L’Oreal stock finished down by 6.7%
Danish pharmaceutical giant Novo Nordisk was 1.3% lower
German life sciences firm Sartorius gained 9%
Italy's FTSE MIB closed 0.4% lower
Ericsson surged 16%
Semiconductor maker ASML climbed 3.2%
Mining shares also weakened, with the Stoxx Europe Basic Resources index down more than 1.5%.
Jamie Dimon warned about risks of a US stock market fall.
Allianz, Santander, UniCredit, AXA, and BBVA gained between 2% and 1.8%
Shell gained 1.4%
Austria’s Raiffeisen Bank advanced 7.4%
The pan-European STOXX 600 closed up 0.4%
Porsche sank over 8%
French President Emmanuel Macron will now have to appoint France’s fifth prime minister in less than two years
Retail stocks led gains, up 1.65%
Pharmaceuticals exported from the EU to the U.S. will see tariffs capped at 15%
Novo Nordisk's shares slid
Interest rate futures showed traders trimmed their expectations for a September interest rate cut
ASML jumped 3.9% to trim its plunge from the previous session
Technology stocks led the losses
Thyssenkrupp’s share price has more than doubled in the year
Markets are now focused on the July 9 U.S. tariff pause deadline
Travel stocks and building materials firms led gains
The Stoxx Europe 600 index fell by 0.3%
The pan European Stoxx 600 climbed 0.51%
The euro dropped 0.56% against the U.S. dollar
Defense stocks including Hensoldt were among the best performers Tuesday