The STOXX 50 slipped 0.25%, while the STOXX 600 dropped 0.5%, reaching two-week lows on Tuesday as European markets followed the downward trend of their Asian counterparts, extending losses from the previous session.
European stocks fall to two-week lows
Investor sentiment remains cautious ahead of key monetary policy decisions from major central banks, including the Federal Reserve and the Bank of England. On the economic data front, the focus is on Germany, with the release of the Ifo Business Climate and ZEW Economic Sentiment indices.
Energy and healthcare stocks lead decline; Airbus gains
Energy and healthcare stocks led the decline, with notable losses from SAP (-0.7%), Linde (-1.6%), Saint Gobain (-1.4%), Eni (-1.4%), and Deutsche Post (-1.8%). However, Airbus shares bucked the trend, gaining 1.3% after Deutsche Bank upgraded the stock from "hold" to "buy."
