European stock markets close Tuesday higher

ISTANBUL

European stock markets ended the second trading day of the week with gains.

The pan-European Stoxx 600 rose 0.33%, or 1.82 points, to close at 550.58.

Germany's DAX 40 index was up 1.03% to end at 24,217.37 points, and the UK's FTSE 100 index climbed 0.6% to 9,136.32.

France's CAC 40 rose 0.72% to close at 7,857.36, while Italy's FTSE MIB 30 index gained 1.23% to 41,234.31 points.

And Spain's IBEX 35 index climbed 0.9% to end at 14,347.7 points.

The markets welcomed the trade agreement between the US and the EU, which resolved uncertainty in tariffs.

Meanwhile, the International Monetary Fund (IMF) raised its global economic growth forecast to 3% this year and 3.1% for next year.