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European markets were tentatively lower Tuesday, with investors likely keeping an eye on the latest business activity data out of the euro zone. The pan-European Stoxx 600 index dipped 0.1% lower after a marginally upbeat open, with sectors spread across positive and negative territory. Mining stocks led gains with a 1% increase, while banking stocks dropped 0.9%. Barclays led the banking decline with a 6% fall following third-quarter results. Preliminary purchasing managers' index data for the euro zone for October is due Tuesday.

Organizations: Barclays

Parents thinking of saving for their children's college education in around a decade could be in for some sticker shock. In 10 years, tuition fees in the U.S. could soar to over $300,000, thanks to inflation — that's around twice the cost right now, according to estimates from experts CNBC Pro spoke to. Here's the cost breakdown and how to invest, according to those experts. CNBC Pro subscribers can read more here. — Weizhen Tan

Persons: Weizhen Tan Organizations: CNBC Locations: U.S

The pan-European Stoxx 600 index was down 0.2%, with most sectors in negative territory. Autos and construction stocks each dropped 0.8%, while mining stocks rallied 0.9%. European markets turned lower, after starting the new trading week on a positive note, as investors assess the turmoil in the Middle East. Roughly 1.1 million Palestinians were given a 24-hour notice to evacuate northern Gaza last week and move to southern Gaza, but the order and deadline were heavily criticized by many humanitarian agencies. Over the weekend, hundreds of thousands of Palestinians were trying to flee northern Gaza but the journey is hazardous and difficult.

Locations: Gaza, Israel

European markets opened lower Monday as investors reflected on a spate of central bank decisions last week and the prospect of higher-for-longer interest rates. The pan-European Stoxx 600 index was down 0.3% in early trade, with all sectors in negative territory. The Bank of England and the Swiss National Bank opted to pause their interest rate hiking cycles last week, in contrast to the "dovish hike" delivered by the European Central Bank on Sept. 14. Elsewhere, U.S. stock futures edged higher in overnight trading, set to enter the last week of trading in September with big losses. Stocks stateside have struggled this month as the Federal Reserve signaled higher interest rates for longer, sending bond yields rising.

Persons: Carsten Brzeski Organizations: Bank of England, Swiss National Bank, European Central Bank, ING, CNBC, Stocks, Federal Reserve

The Federal Reserve is widely expected to hold rates steady Wednesday, but the central bankers will give an update on their economic outlook with the summary of economic projections, which includes one key chart that traders will have an eye on. The so-called "dot plot" that charts the projected move in the Fed funds rate and the press conference of Chair Powell will give investors a clue as to what happens in the November meeting and into 2024. "I think that they will keep that bias towards higher rates in there and indicate that they are willing to raise the funds rate further if the data start to show that either inflation is not slowing as they expect it to, or if the labor market remains too tight," said Gus Faucher, chief economist at PNC Financial Services Group. Read more about the meeting here. — Jeff Cox, Jesse Pound

Persons: Powell, Gus Faucher, Read, — Jeff Cox, Jesse Pound Organizations: Federal Reserve, PNC Financial Services

The pan-European Stoxx 600 index was 0.3% lower in morning trade, with sectors mostly in negative territory. European markets were downbeat at the start of this week's trading, following their Asia-Pacific counterparts lower as investors look ahead to a week of central bank decisions. Elsewhere this week, Australia's central bank will release its minutes for its Sept. 5 policy meeting on Tuesday and on Friday, the Bank of Japan will conclude its monetary policy meeting. Elsewhere, the People's Bank of China is also expected to release its loan prime rate decisions on Friday. In Europe last week, the European Central Bank increased interest rates by 25 basis points, a 10th consecutive hike taking its main rate to a record high of 4%.

Organizations: U.S, Federal, Bank of Japan, People's Bank of, European Central Bank Locations: Asia, People's Bank of China, Europe

The pan-European Stoxx 600 index was down 0.2% at market open, with most sectors in negative territory. Mining stocks led losses with a 0.8% downturn, followed by food and beverage stocks, which dropped 0.4%. Media and retail stocks bucked the trend and each gained 0.4%. The ECB is set to increase its benchmark policy rate by another 25 basis points when it meets Thursday, and is expected to say that future rate decisions will be data-dependent as uncertainty weighs on the inflation and growth outlook. The latest decision left the Fed's key borrowing rate in a target range of 5%-5.25%.The central bank forecast it will raise interest rates as high as 5.6% before 2023 is over.

Organizations: Media, ECB, U.S . Federal Reserve Locations: Europe

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