KEY POINTS
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The pan-European Stoxx 600 slipped 0.1%, paring losses slightly after falling as much as 1.2% in early deals
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The IMF on Tuesday cut its global growth forecast, citing supply chain challenges and persistent Covid spread
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Investors are bracing for a slew of U.S. earnings, with major banks revealing third-quarter results this week
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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