Europe Session Wrap: European stocks tumble as caution lingers

European equities slipped on Tuesday, as markets weighed caution ahead of Fed Chair Powell’s Jackson Hole remarks.

Key moves

  • Eurostoxx 50 -0.6%
  • Germany DAX -0.8%
  • France CAC 40 -0.5%
  • UK FTSE 100 -0.2%
  • Spain IBEX 35 -0.4%
  • Italy FTSE MIB -0.4%

Summary

The downturn erased yesterday’s gains, with S&P 500 futures falling 0.2% as investors adopt a defensive stance and await Powell’s speech later in the week.

(Source)

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