European stocks rose on Tuesday, with utilities and telecoms companies leading the gains as investors awaited developments on US tariff policy that has raised concerns about the global economy by 0725 GMT, the pan-European STOXX 600 index was up 0.2%, hovering at a seven-week high. The utilities sector rose 1.1%, with Portuguese EDP Renovaves up 3.5% after Deutsche Bank upgraded the stock to a buy from hold. Shares in renewable energy companies Orsted jumped 13.3% and Vestas Wind jumped 4% after the Trump administration rescinded an order halting a major offshore wind farm planned for New York. Broader markets also stabilized after a decline in risk appetite following Moody's surprise downgrade of the United States' credit rating late Friday. Investors are also awaiting any trade agreements before Trump's tit-for-tat tariffs, which are set to take effect again in early July. Salmar shares fell 4% after the Norwegian salmon farming company reported first-quarter operating profits that missed expectations. In the UK, shares in fast-food chain Greggs, the owner of Upper Crust, and distributor
