European stocks hovered near one-week lows on Tuesday amid concerns over Covid-19 shutdowns in China and the prolonged war in Ukraine.
Sentiment was also dented by a rise in U.S. bond yields ahead of March inflation data, due out later in the day.
The pan European Stoxx 600 index fell 0.6 percent to 455.73 after declining 0.6 percent on Monday. The German DAX dropped 1.1 percent, France's CAC 40 index shed 0.8 percent and the U.K.'s FTSE 100 was down 0.4 percent.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.