European Stocks Boosted by Bayer and Clean Energy Surge

European stocks climbed, led by Bayer and clean energy firms, following the U.S.-China trade truce. The STOXX 600 index rose 0.3%, supported by easing trade tensions. Bayer's shares soared due to positive earnings, while clean energy stocks like Vestas and Orsted saw significant gains amid favorable U.S. legislative news.

European stocks experienced a lift on Tuesday, driven by a surge in Bayer shares and strong performances from clean energy sectors. This follows a day after the United States and China agreed to halt their trade war tensions temporarily.

The STOXX 600 index gained 0.3%, reaching a six-week peak and marking its fourth consecutive session of increments. Global equity markets soared on Monday after a U.S.-China agreement to pause tariffs, providing much-needed relief for investors.

Bayer's stocks jumped 9.6% due to favorable first-quarter results, while renewable energy firms like Vestas and Orsted gained ground as U.S. legislative proposals seemed less detrimental than expected.

(With inputs from agencies.)