European stock markets closed mostly higher on August 4, 2025, in a positive session overshadowed by new U.S. tariffs on Switzerland, which led to declines in Swiss equities.

Key indices showed gains: the Euro Stoxx 50 rose 1.50%, the DAX increased by 1.41%, the FTSE 100 advanced 0.66%, and the CAC 40 climbed 1.14%. The Swiss Market Index (SMI) was an outlier, dipping 0.11% due to the tariff announcement.

Major movers included Swiss stocks, which fell following U.S. President Donald Trump's unveiling of 39% tariffs on the country. In contrast, other sectors like energy and autos saw positive movements amid broader market optimism.

No major earnings releases were highlighted for the day, but recent reports from companies like Novo Nordisk, which fell sharply last week on disappointing Q2 results and 2025 outlook, continued to influence sentiment.

Key economic events centered on the tariff developments, with investors digesting the impact of U.S.-EU trade tensions and global stimulus measures. Price movements reflected resilience in most European bourses despite these pressures.

The most searched or relevant tickers included those affected by tariffs and earnings, with focus on Swiss firms and major exporters.