1004 GMT - U.S. equities have been closing the performance gap with European peers in recent days on optimism that tariffs on U.S. trade partners could be less severe than previously expected, Deutsche Bank Research analysts say in a note. U.S. stocks rallied on Monday, with the S&P 500 index outpacing the pan-European Stoxx Europe 600 for a fourth consecutive session, although the U.S. index still lags well behind for the year as a whole, they say. The S&P 500 index is up 2.7% over the last week while the Stoxx Europe 600 is down 0.4%. Year-to-date, however, the S&P 500 is down 1.9% while the Stoxx 600 is up 8.7%, FactSet data show. (miriam.mukuru@wsj.com)

(END) Dow Jones Newswires

March 25, 2025 06:04 ET (10:04 GMT)

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