Markets fell at the start of the new trading week as investors remained jittery over the economic outlook.
The benchmark Stoxx 600 index closed 1% lower Monday, with almost all sectors in negative territory.
"In that time, I think investors have really struggled to build any love for the rally.
Asia-Pacific markets traded lower as investors digested China's central bank decision to cut its one-year and five-year loan prime rate.
U.S. markets were closed for the Juneteenth holiday on Monday, but stock futures ticked lower overnight as investors looked ahead to a shortened week of trading.
Persons:
Sunil Krishnan, Krishnan, CNBC's, That's
Organizations:
European Central Bank, Federal Reserve, Aviva Investors
Locations:
Asia, Pacific