11:08 AM EDT, 06/02/2026 (MT Newswires) -- European equities traded in the US as American depositary receipts were tracking higher late Tuesday morning, rising 0.7% to 1,889.9 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by telecommunications companies Ericsson (ERIC) and Nokia ( NOK ) , which rose 2.9% and 2.4% respectively. They were followed by brewing company Anheuser-Busch InBev ( BUD ) and lender Banco Santander (SAN), which were up 1.3% each.

The decliners from continental Europe were led by biopharmaceutical company DBV Technologies ( DBVT ) and software firm SAP (SAP), which fell 6.4% and 4.3% respectively. They were followed by biopharmaceutical company argenx (ARGX) and semiconductor company Sequans Communications ( SQNS ) , which lost 3.9% and 3.6% respectively.

The gainers from the UK were led by biopharmaceutical company Akari Therapeutics ( AKTX ) and lender Barclays ( BCS ) , which advanced 10.4% and 3.2% respectively. They were followed by biopharmaceutical company Biodexa Pharmaceuticals ( BDRX ) and hospitality company InterContinental Hotels Group ( IHG ) , which increased 2.5% and 2.4% respectively.

The decliners from the UK and Ireland were led by software firm Endava ( DAVA ) and biopharmaceutical company Bicycle Therapeutics ( BCYC ) , which dropped 4.9% and 3.8% respectively. They were followed by biopharmaceutical company Mereo BioPharma Group ( MREO ) and communications company WPP ( WPP ) , which were down 3.7% and 3.2% respectively.