Europe Stocks On Track For Third Day Of Losses

European stock markets were on track for a third straight day of losses on Tuesday, as concerns about global growth remained in the spotlight after recent weaker-than-expected data in both China and the U.S. Later in the day, attention turns to Germany’s ZEW economic sentiment indicator to gauge the economic development in Europe’s largest economy.

The Stoxx Europe 600 index lost 0.2% to 289.80, adding to a 0.7% loss from Monday. Germany’s DAX 30 index fell 0.1% to 7,702.21, while France’s CAC 40 index was slightly lower at 3,709.80. The U.K.’s FTSE 100 index gave up 0.2% to 6,329.14. Shares of Danone SA gained 3.7% after the firm released upbeat first-quarter sales figures.

Marketwatch