European markets opened lower Tuesday as regional sentiment sours further after a shaky start to the week, with investors watching the conflict in the Middle East closely and its potential impact on oil markets, supply chains and the global economy.
The pan-European Stoxx 600 was down 0.81% in early deals, with all sectors and major bourses trading in the red. Mining stocks shed 3.65% while household goods fell 2.1%.
European luxury stocks, including powerhouse brands LVMH and Kering , retreated on the open as sentiment turned sour on a potential demand boost from stimulus measures in the key Chinese market.
Elsewhere overnight, U.S. stock futures were little changed following a losing day on Wall Street Monday as rising oil prices and bond yields weighed on markets.
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