Europe markets: Stoxx 600, FTSE 100, Trump EU tariffs

• European stocks closed broadly higher on Tuesday, led by a 0.66% increase in the pan-European Stoxx 600. • Major indices saw gains including France's CAC 40 (+0.77%), Germany's DAX (+0.48%), and the UK's FTSE 100 (+0.33%).

• A European Central Bank (ECB) working paper reveals that European households continue to show a persistent reluctance to invest in equity markets. • Utilizing data from the ECB's consumer expectations survey, the report highlights a gap between the known long-term wealth-building potential of stocks and actual investor behavior.

• Accenture announced on Tuesday its acquisition of Ammagamma, a Modena, Italy-based firm specializing in helping businesses advance their use of artificial intelligence. • Ammagamma was established in 2013, though Accenture has not disclosed the specific financial details of the agreement.

• BP is considering exiting the North Sea following tax increases on oil and gas levies introduced by Chancellor Rachel Reeves and the Labour government. • The potential move follows criticism from Energy Secretary Ed Miliband, who labeled BP's profits as "morally and economically wrong" after the company reported £2.4bn in earnings between January and March.

• The Indian stock market saw a sharp decline in early trade, with the Sensex dropping nearly 700 points and the Nifty also tumbling. • This downturn was triggered by rising crude oil prices, persistent foreign institutional investor (FII) outflows, and geopolitical uncertainty regarding US-Iran negotiations.

• India has fallen to seventh place in global market capitalization rankings after being surpassed by South Korea. • The shift is driven by a surge in South Korean chipmakers like Samsung Electronics and SK Hynix, with the KOSPI rising 107% and Taiwan's SE Weighted index advancing 59%.

• India has emerged as a global wealth powerhouse, with liquid financial assets now estimated at more than $2.7 trillion. • This capital is being strategically deployed by a diverse range of investors, including digital investors and family offices, across equity markets and private enterprises.

• The European Central Bank (ECB) reports that the euro's international usage has reached 20%, reflecting a steady increase in its global footprint. • Despite this growth, the U.S. dollar remains the dominant global currency, with dollar-denominated assets still accounting for 42% of global reserves.

• BP is exploring the sale of a portion of its UK North Sea assets as part of a broader strategic portfolio restructuring. • The company aims to accelerate this process to reduce its overall debt and sharpen its focus on core oil and gas activities.

• Marvell Technology shares surged 32%, marking the company's best single-day stock performance to date. • The rally follows a prediction by Nvidia CEO Jensen Huang, who suggested Marvell has the potential to become the next trillion-dollar company.

• Japan's Nikkei index reached a record high as Asia-Pacific markets generally opened higher, despite ongoing volatility in oil prices and the closure of the Strait of Hormuz. • Australia's S&P/ASX 200 rose 0.36% following a report that GDP grew 2.5% year-on-year for the first quarter, slightly missing the 2.6% forecast by economists.