European stocks ticked lower in the premarket on Tuesday following the start of a new round of post-Brexit talks between the European Union and the United Kingdom.
Another cause of declines in European stocks is (expected to open lower Tuesday) as investors become increasingly concerned over the second wave of coronavirus cases.
Global markets are closely tracking coronavirus developments after some countries have reported a resurgence in cases.
In Asia, where the coronavirus first hit, several countries including China and South Korea have experienced an uptick in cases after restrictions were eased. Germany has also seen the reproduction rate of the virus tick upward.
Public health experts — including those at the World Health Organization — have for weeks warned authorities against lifting containment measures too early, which could cause a rebound in new coronavirus cases.
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