European stocks head for mixed open amid downbeat market sentiment

Soegeefx AppsEU MarketEuropean stocks head for mixed open amid downbeat market sentiment

Holly Ellyatt

This is CNBC’s live blog covering European markets.

European stocks are heading for a mixed open Tuesday, echoing similar downbeat sentiment in other global markets.

Asia-Pacific markets were largely lower overnight, tracking moves on Wall Street after the S&P 500 erased gains Monday that brought the benchmark index to trade at its highest level on an intraday basis in nine months.

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European markets: Here are the opening calls

European markets are expected to open mixed Tuesday.

The U.K.’s FTSE 100 index is expected to open 8 points lower at 7,591, Germany’s DAX 15 points lower at 15,947, France’s CAC flat at 7,196 and Italy’s FTSE MIB 21 points higher at 26,848, according to data from IG.

Data releases include euro zone retail sales for April. There are no major earnings releases.

— Holly Ellyatt

Source: cnbc

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