European stocks provided a mixed picture on Tuesday, with the region’s tech stocks faring worst after a rough day on Wall Street for the sector.
The region-wide Stoxx 600 fell 0.5 per cent in early trading. Energy and financial shares prospered, while healthcare and technology stocks were the worst-performing sectors.
London’s energy-biased FTSE 100 benchmark was broadly flat — lifted by further gains in oil prices and other commodities — while Germany’s Xetra Dax lost 0.8 per cent.
Despite Monday’s release of a road map out of England’s lockdown, the slower rollout of Covid-19 vaccines on the continent continued to cloud market sentiment, said strategists.
“In mainland Europe, investors are worried about the prospect of multiyear lockdowns — what people fear is a shock to