European markets head for mixed open, reflecting uncertain sentiment globally

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European stocks are expected to open mixed on Tuesday, reflecting similar trade in their Asia-Pacific counterparts overnight.

opened slightly higher Monday night after the Dow slipped from a record high on Friday.

The losses came after the August U.S. jobs report came in short of expectations, highlighting continued concern about the spread of Covid and its delta variant. Nonfarm payrolls increased by 235,000 in August, the Labor Department reported, but economists surveyed by Dow Jones expected 720,000 jobs. The disappointing August jobs report will likely influence the Fed's timeline for tapering its asset-purchase program.

There are no major earnings releases due in Europe on Tuesday; on the data front, however, Germany's ZEW survey of economic sentiment for September is due.Sign up for

 

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