Rio Tinto and Glencore re-negotiate potential $260 billion mega-deal
Rio Tinto
LONDON — European stocks traded higher on Tuesday as global markets stabilized after a brief selloff in cryptocurrencies and precious metals.
Pan-European by 8:35 a.m. London (3:35 a.m. ET) Stoke 600 Up 0.7%, most sectors and all major regional exchanges were positive. Mining stocks led gains, with Stoxx Basic Resources Index precious metals rising 2.2% rebound Escape from historic sell-off.
After days of volatility in gold, silver and cryptocurrencies, global markets appear to be calming down Bitcoin plunges last Friday and weekend. Precious metal prices rebound However, Monday.
London-listed mining giants rose in early trade on Tuesday Rio Tinto up 2.2%, Anglo American rose 3.8%, and Antofagasta Jumped 3.5%. Fresnillo – the world’s leading silver producer and London’s top-performing stock FTSE 100 2025 – Last traded at a price increase of 4.6%.
In corporate news, a U.S. judge on Monday ruled against Danish offshore wind giant Orsted The Sunrise Wind project off the coast of New York could resume after being halted by the Trump administration. The ruling means all five offshore wind projects suspended by the White House can proceed, a blow to the government effort hinder the development of wind power.
Shares were last down about 0.8%.
Futures tied to the S&P 500 were trading higher late Monday after a strong start to the new trading month for U.S. stocks.
at the same time, Asia Pacific market Stocks rose overnight after President Donald Trump said Washington and India were on the same page trade agreementIndian Prime Minister Narendra Modi has agreed to increase purchases of American products.
Trump commented in a “Truth Society” post that under the agreement, India will also stop buying Russian crude oil and instead purchase more crude oil from the United States and possibly Venezuela. India’s benchmark Nifty 50 stock index opened up 5% on Tuesday after the president’s speech.
Europe’s revenue comes from Publicis Data releases include French inflation data and Spanish unemployment data.







