European equities hit a six-month low on Monday amid global market concerns over a potential U.S. economic downturn. The STOXX 600 index declined by 3.1%. Financial sectors experienced the most substantial losses. Galderma and OCI Global were notable exceptions, showing gains due to acquisition-related developments by L’Oreal and Woodside Energy, respectively.
Ahead of Market: 10 things that will decide stock market action on Thursday
The Indian market closed flat on Tuesday, ahead of the Christmas holiday, with gains in FMCG and auto stocks being offset by losses in metal