[BENGALURU] European shares staged a comeback from early losses on Tuesday as growth sectors led the charge, after Washington's move to delay tariffs on some Chinese goods provided a lift to battered global sentiment.
That supported a move back to riskier assets after a cocktail of negative drivers had pressured markets for the past few sessions. Export-reliant Germany's DAX rose 0.6 per cent on the US news, recovering after data showed plunging economic sentiment among German investors. Investors will be closely watching Wednesday's second-quarter economic growth data to see if Europe's biggest economy is headed for recession.
Italian shares, troubled by political turmoil, rose more than 1 per cent as banks rose with Monte Dei Paschi up 7.2 per cent.
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