European major indices closed higher, with Germany's DAX index reaching a new record high, despite ongoing concerns regarding tariffs and trade tensions between the U.S. and the EU. The rise in European stocks occurred amid mixed performances in U.S. markets, where major indexes ended mostly lower. Investors were particularly focused on Federal Reserve Chair Jerome Powell's testimony before Congress, where he emphasized that the central bank is not in a hurry to cut interest rates. In the U.S., gains in companies like Coca-Cola and Apple helped offset losses in Tesla, contributing to the mixed closing of Wall Street's main indexes.