European markets are set to open sharply lower as global sentiment worsens

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European markets are set to open sharply lower as global sentiment worsens
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European stocks are expected to open in negative territory on Tuesday amid gloomy sentiment in global markets.

The negative open expected for Europe on Tuesday comes after a choppy period for global markets.

On Monday, European stocks were muted during the trading session, searching for direction after a volatile week. Meanwhile,as investors looked at surging oil prices, economic worries and major earnings results ahead. The Dow Jones Industrial Average shed 250.19 points, or 0.7%, to close at 34,496.06. The S&P 500 ticked lower by 0.7% to 4,361.19. The Nasdaq Composite dipped 0.6% to 14,486.20.Investors are bracing for a slew of U.S. earnings, with major banks revealing third-quarter results this week;

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