After the Nasdaq closed at a new all-time high on Monday, European stock exchanges are expected to open higher on Tuesday, while the customs file remains closely watched by investors.

Shopping center operator Mercialys for its part announced on Tuesday that it had acquired the 49% it did not yet own in the capital of Hyperthétis Participations, the company that owns 66,000 square meters of useful retail space in France. The transaction amount is 28 million euros.

The Luxembourg satellite operator SES announced on Monday evening that it had obtained all regulatory approvals to acquire its American competitor Intelsat. The group plans to close the transaction “on or around July 17”.

Around 7:40 a.m., the CAC 40 futures contract grew by 0.4%, according to data from broker IG.

In addition, the Prime Minister, François Bayrou, will present his guidelines for the 2026 budget on Tuesday afternoon. It should present the options selected to achieve the 40 billion euros in savings necessary to reach the objective of a public deficit of 4.6% of gross domestic product next year

After the publication of reassuring statistics on growth in China, futures contracts on European equity markets rose on Tuesday in pre-opening. Investors are waiting for progress in trade negotiations between the European Union and the United States.

Around 7:40 a.m., the DAX 40 futures contract in Frankfurt gained 0.3%, while the FTSE 100 in London rose by 0.2%, according to data from broker IG.

The EU is preparing a new list of American products - ranging from airplanes to alcoholic beverages, coffee and medical devices to which to impose customs surcharges if no trade agreement is reached by the August 1 deadline set by US President Donald Trump.

In April, the EU froze a first set of customs countermeasures against the United States after Donald Trump's decision to limit his “reciprocal” customs duties to 10% for 90 days for 90 days for numerous trading partners including the 27. The new EU list, distributed to the 27 member states and consulted by the Wall Street Journal, covers imports of American products that were valued at around 84 billion dollars last year.
The list covers around $77 billion in imports of industrial goods, including airplanes, machinery, automotive products, chemicals, plastics, and medical devices. It also covers approximately $7 billion in agricultural and food products, such as fruits and vegetables, wine, beer, and spirits.

The New York Stock Exchange finally managed to overcome trade uncertainties on Monday to offer Nasdaq a new all-time high.
After several runs in the red, the Dow Jones index closed up 0.2%, at 44,459.65 points, and the S&P 500 gained 0.1%, to 6,268.56 points. The Nasdaq Composite rose 0.3% to 20,640.33 points, surpassing by ten points the last high reached last week.
The market reacted little to the announcements of Donald Trump, who threatened last Saturday to impose 30% customs surtaxes on EU products starting on 1 August. The American president also threatened on Monday to raise tariffs on Russia to 100% if no agreement is reached within 50 days to resolve the conflict in Ukraine

In Asia, the Nikkei index on the Tokyo Stock Exchange gained 0.3% on Tuesday at the end of trading. The Shanghai Composite Index lost 0.6%, while the Hang Seng on the Hong Kong Stock Exchange rose

According to official statistics released on Tuesday, the Chinese economy showed resilience during a turbulent first half of the year. China announced that its gross domestic product grew by 5.2% year on year in the second quarter of 2025, after growing by 5.4% in the first three months of the year.
For the first half of the year, the world's second-largest economy grew by 5.3 percent compared to the same period last year, China's National Bureau of Statistics said on Tuesday, above the level needed to reach Beijing's official target of about 5 percent growth for the full year.

The stock rate at two years lost 1 basis point to 3.91%. At around 7:40am, the 10-year US Treasury bond rate was stable at 4.44%