Mon. Nov 28th, 2022

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European markets lower

1 min read
European markets

European stocks lower

European stocks edged lower Tuesday morning, with global markets reacting to President Donald Trump’s return to the White House on Monday to continue his coronavirus treatment.

The pan-European Stoxx 600 reversed opening gains to hover 0.2% below the flatline in early trade, with travel and leisure stocks adding 1% while health care stocks fell 0.7%.

Global markets rallied on Monday as investors tracked reports of President Trump’s improving health, with the U.S. market seeing its strongest session in several weeks.

Early on Tuesday, U.S. stock futures were little changed and futures tied to the Dow Jones Industrial Average and the S&P 500 were roughly flat, while those on the Nasdaq retreated slightly.

 

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