European markets recover some lost ground at closepublished at 17:18 British Summer Time
Mitchell Labiak
Business reporter
Major European markets are closed now, mostly ending the day up.
With the big European markets in the green today, it might be tempting to think the worst is over on the market turmoil front. Not necessarily.
Markets tend to rise a little after sharp falls as some investors “buy the dip” or wonder if a sell-off has been too hasty, but only a fraction of the value wiped out since Trump’s “Liberation Day” tariffs announcement has been clawed back.
Take the FTSE 100 index of the largest firms listed in the UK. It closed up 2.7% today, but it is still hovering around levels not seen since this time last year, having sunk over 8.1% since the tariff announcements.
Meanwhile, the German Dax closed up 2.5%, while the French Cac 40 closed up 2.5% – but both remained much lower than at the start of this month.
The real question is what markets will do over the coming weeks and months as tariff negotiations continue.
