In the European session, the German Benchmark Index traded below 18,800 levels.
European markets were lower on Tuesday, reversing the more positive sentiment seen at the start of the week. The Stoxx 600 index fell by 0.36%. All sectors were initially in the red, though health-care stocks edged up by 0.1%, with AstraZeneca shares rising 0.6% after the pharmaceutical giant announced plans to nearly double its revenue by 2030. Banks led the losses, down 0.9%.
Data has been relatively sparse this week, but investors are anticipating the release of minutes from the Federal Reserve’s latest meeting on Wednesday, as well as a U.K. inflation report expected to show a sharp decline in the headline rate. France’s CAC 40 and the U.K.’s FTSE 100 each fell by around 0.4%, while Germany’s DAX dipped by 0.2%.