European stocks are heading for a tepid open to Tuesday's trading as investors react to a slew of corporate earnings, after positive manufacturing data around the world drove stocks higher to start the week.
Stocks swung higher Monday after July's final IHS Markit manufacturing PMI reading showed manufacturing activity across the euro zone expanded for the first time since April 2019.broadly advanced overnight after the Reserve Bank of Australia opted to leave its monetary policy stance unchanged.
Investors will continue to monitor U.S. fiscal stimulus talks, with Congressional Democrats and the White House on Monday hinting at progress as lawmakers look to hammer out a new coronavirus relief bill.on Monday cautioned that there may never be a "silver bullet" to defeat the coronavirus pandemic, after Friday saw the largest worldwide increase in new cases to date.
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