Despite spending much of the day's trading session in positive territory, most of the major markets in Europe closed on a weak note on Tuesday due to a sell-off in the final hour.
Markets gained in strength earlier in the day amid signs of U.S. and Iran striking a peace deal soon, following Iran and Israel halting the strikes against each other.
Data showing an increase in Germany's industrial output in the month of April, and a faster pace of growth in exports contributed as well to the positive sentiment in the markets early on in the session.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.