European stocks began trading stably on Tuesday, amid fears that major central banks will raise interest rates, to counter slowing economic growth.
The European STOXX 600 index stood at 459.78 points. The index fell in the previous session, due to data indicating weak US corporate activity and pushing investors to profit after last week’s stock recovery.
Market expectations were boosted by the Federal Reserve (US Central Bank) raising interest rates this month.
Shares of the highly vulnerable technology sector fell 0.8 percent, leading the sectors’ losses for the day, while health care stocks rose 0.6 percent.
Source: Qatar News Agency