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European Stock Markets Took A Step Back on Tuesday After the Recent Advance


European stock markets took a step back on Tuesday after the recent advance.


The new corona measures in the American state of California, where all cafes have to be closed, have caused investors to be cautious.

In addition, the quarterly earnings of major US banks JPMorgan Chase, Citigroup and Wells Fargo were also looked forward to, which will be released later today.

Around noon, the AEX index on Beursplein 5 recorded 1.3 percent in red at 571.16 points. The MidKap lost 0.9 percent to 765.39 points.

The stock exchanges in Frankfurt and Paris lost up to 1.5 percent. The main index in London kept the loss limited to 0.3 percent.

The British economy recovered cautiously in May after the contraction of more than 20 percent in April due to the corona crisis.

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