"European Stocks" European stocks rose across the board in the early session, Bayer surged 11%

Major European stock markets rose across the board on Tuesday (2nd), with the Spanish index up 0.8%, outperforming the region.

The pan-European Stoxx 600 index rose 0.2% to 576.36. The UK FTSE 100 index increased by 9 points or 0.1% to 9,712. The French CAC index rose by 26 points or 0.3% to 8,123. The German DAX rose by 137 points or 0.6% to 23,724. The Italian FTSE MIB rose by 297 points or 0.7% to 43,556. The Spanish IBEX 35 index rose by 135 points or 0.8% to 16,524.

German chemical and pharmaceutical giant Bayer rose sharply by 11.3% to €33.9 in the early session. The Trump administration urged the U.S. Supreme Court on Monday (1st) to hear Bayer's lawsuit to reduce thousands of claims alleging that its Roundup herbicide causes cancer and supported the company's argument regarding federal law prohibiting claims. Competitors AstraZeneca fell by 0.9% and Novo Nordisk fell by 1.8%.

Multinational automaker Stellantis fell by 0.8%, while Volkswagen rose by 0.6%. Defense stock Rheinmetall rose by 0.8%. British aircraft engine manufacturer Rolls-Royce rose by 1.6%.

U.S. stock futures showed slight improvement, with Dow futures up 28 points or less than 0.1% to 47,380 points. S&P 500 futures rose by 7 points or 0.1% to 6,834. Nasdaq futures rose by 46 points or nearly 0.2% to 25,438.

Mainland A-shares fell throughout the day, with the Shanghai Composite Index and Shenzhen Component Index closing down 0.4% and nearly 0.7%, respectively. Hong Kong stocks closed up 61 points or 0.2% to 26,095 points, with a turnover of HKD 178.247 billion. Taiwan stocks rose by 0.8%. The Nikkei index closed flat for the day. South Korea's KOSPI rose by 1.9%. The Australian 200 and New Zealand 50 indices rose by 0.2% to 0.4%. India's Nifty 50 index fell by 0.6%