European Stocks Settle Lower

European Stocks closed Tuesday in red, as the pan-European Stoxx 600 index closed down by 0.6% due to losses by tech companies, mixed economic data, and gloomy economic forecasts.

The main index of the London Stock Exchange (LSE), FTSE100, lost 1.53% and settled at 6,189.9.

Meanwhile, the French index CAC40 settled lower by 0.92%, while the German DAX index declined by 0.74%.