On this episode of Stock Movers:

- Banks, miners and industrials are the best performers in Europe on Thursday after US President Donald Trump announced a 90-day pause on higher tariffs that hit dozens of trade partners, with the Stoxx Europe 600 up 5.9% to mark its best day in over five years. Sectors with ties to the health and growth of the global economy are rising the most, including banks (+9.3%), financials (+7.4%) and technology (+7.5%)

- European tech stocks were part of the biggest risers in the broad rally. Surge in tech stocks follows a 12% surge in the Nasdaq 100 Index on Wednesday, the benchmark’s strongest one-day performance since 2008

-  Tesco Plc shares fell after the supermarket chain warned profit would slip due to higher costs and competition for price-conscious UK shoppers. Britain’s largest grocer expects as much as £3 billion ($3.9 billion) in group adjusted operating profit this year, according to a statement Thursday, lower than the £3.1 billion in the 12 months ended Feb. 22.

On this episode of Stock Movers: - Banks, miners and industrials are the best performers in Europe on Thursday after US President Donald Trump announced a 90-day pause on higher tariffs that hit dozens of trade partners, with the Stoxx Europe 600 up 5.9% to mark its best day in over five years. Sectors with ties to the health and growth of the global economy are rising the most, including banks (+9.3%), financials (+7.4%) and technology (+7.5%) - European tech stocks were part of the biggest risers in the broad rally.&nbsp;Surge in tech stocks follows a 12% surge in the Nasdaq 100 Index on Wednesday, the benchmark&rsquo;s strongest one-day performance since 2008 - &nbsp;Tesco Plc shares fell after the supermarket chain warned profit would slip due to higher costs and competition for price-conscious UK shoppers. Britain&rsquo;s largest grocer expects as much as &pound;3 billion ($3.9 billion) in group adjusted operating profit this year, according to a statement Thursday, lower than the &pound;3.1 billion in the 12 months ended Feb. 22.

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Stock Movers

European Banks Lead Gains Tech Up, Tesco Slumps

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