European shares rose on Tuesday following news of a US-China tariffs truce, with the European benchmark ending 0.21% higher and the Iseq All-Share index up 0.75%. Sectoral gains were led by energy shares, while declines in heavyweight technology stocks limited advances. European shares surged on Tuesday following news of an extension to the US-China tariffs truce, with the European benchmark closing 0.21% higher at 547.89 and the Iseq All-Share index up 0.75% to 11,497.68. The STOXX 600 saw gains across most sectors, with energy leading the way with a 1.5% advance. Cardinal Health fell after announcing a $1.9 billion acquisition.European semiconductor stocks also experienced a rise, despite Trump's announcement of additional tariffs on chips.

Source: The Irish Times August 13, 2025 10:57 UTC