European Markets
European markets were down on Tuesday as investors reacted to new data from the Eurozone.
- The Stoxx 600 lost 0.2%, led by a 1.3% fall in oil and gas stocks.
- Travel and leisure stocks bucked the trend, gaining 1.4% on the day.
- The S&P Global Purchasing Managers Index (PMI) in came in at 50.2 which indicates that the Eurozone saw modest growth in January.
- The UK's PMI showed a small contraction in services and manufacturing this month, which S&P Global blamed on strike action, rampant inflation, and higher interest rates.
| Euro STOXX 50 | 4,153.02 | 0.05% |
| UK (FTSE 100) | 7,757.36 | -0.35% |
| Germany (DAX) | 15,093.11 | -0.07% |
| France (CAC 40) | 7,050.48 | 0.26% |
*European stock prices are as of 7 am ET. Data received directly from the reference indexes through ICE Data Services.
