Europe stocks close higher amid earnings bonanza; Volvo Cars down 10%

European markets closed higher on Tuesday after investors parsed a flurry of earnings for indications of the impact of U.S. tariffs and global economic uncertainty.

The Stoxx 600 index provisionally closed higher by 0.4%, with utilities and healthcare sectors leading the gains.

Regionally, the FTSE 100 closed up 0.6% — its 12th consecutive day of gains and its best run for at least five years. France’s CAC 40 and Germany’s DAX were up 0.1% and 0.8%, respectively.

Shares of Volvo Cars shed 10% after the automaker reported a steep first-quarter profit decline and suspended its full-year guidance due to market headwinds.

Data showed Spain’s economy grew 0.6% in the first quarter, in figures released ahead of the wider euro zone reading on Wednesday.