LONDON — European stocks opened lower on Tuesday morning, as concerns about the coronavirus in Europe, and a deadline for U.S. fiscal stimulus to be agreed, weigh on market sentiment.
The pan-European Stoxx 600 was down around 0.15% shortly after the opening bell, with most sectors and major bourses in negative territory.
The course of the coronavirus pandemic is at the forefront of investors’ minds as the number of daily new infections reached a record high in Europe Monday, according to Reuters.
Investors are also keeping an eye on U.S. politics. U.S. stock futures rose in early Tuesday morning trade ahead of a deadline for a new fiscal stimulus deal from Washington.
Futures contracts for the Dow Jones Industrial Average gained 79 points, while those for the S&P 500 and Nasdaq 100 also traded in mildly positive territory.
The move in futures comes after House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin “continued to narrow their differences” in a Monday afternoon…