US stocks climbed on Tuesday, buoyed by optimism in tech and energy sectors, even as European markets faced headwinds. The S&P 500 rose 0.8%, while the Nasdaq gained 1.1%, driven by strong performances from major tech companies. Energy stocks also advanced as crude oil prices edged higher, reflecting broader confidence in the U.S. economy’s resilience.
In contrast, European markets struggled to find footing, with the Stoxx Europe 600 dipping 0.3%. Concerns over inflation and weaker-than-expected industrial data weighed on investor sentiment. Germany’s DAX fell 0.4%, dragged down by manufacturing stocks, while the UK’s FTSE 100 closed nearly flat as gains in commodities offset losses elsewhere. The disparity highlights ongoing uncertainty in global economic recovery trends.
While Wall Street benefited from renewed risk appetite, investors remain cautious amid mixed global signals. Market analysts predict further volatility as geopolitical tensions and central bank policies continue to influence market movements.