European stocks closed mostly lower on Tuesday amid volatile sentiment in global markets
TICKER | COMPANY | NAME | PRICE | CHANGE | %CHANGE | VOLUME |
---|---|---|---|---|---|---|
.FTSE | FTSE 100 | *FTSE | 7130.23 | -16.62 | -0.23 | 815613613 |
.GDAXI | DAX | *DAX | 15146.87 | -52.27 | -0.34 | 60955501 |
.FCHI | CAC 40 Index | CAC | 6548.11 | -22.43 | -0.34 | 69996016 |
The pan-European Stoxx 600 closed 0.1% lower provisionally, paring losses slightly after falling as much as 1.2% in early deals. Health care, retail and basic resources stocks fell 0.5% each, leading the losses
The muddled trade in Europe on Tuesday comes amid a choppy period for global markets, as investors monitor the outlook for inflation, supply chain issues, bond yields and central bank policy
U.S. stocks were mixed Tuesday, following two days of losses. Shares in Asia also fell overnight
The International Monetary Fund on Tuesday cut its global growth forecast, citing supply chain challenges and persistent Covid spread
Meanwhile, U.S. job openings in August fell by more than half a million to 10.4 million, according to data released by the Labor Department Tuesday
Investors are bracing for a slew of U.S. earnings, with major banks revealing third-quarter results this week; JPMorgan Chase, Goldman Sachs, Bank of America, Morgan Stanley, Wells Fargo and Citigroup are all due to report, starting Wednesday