European markets ended an eight-day rally on Tuesday, with the Stoxx 50 down 0.7% and the Stoxx 600 off 0.5%, led by a 1.1% drop in industrials.
Weaker-than-expected Chinese import and export data dragged mining stocks 0.8% lower, while traders awaited US inflation data on Wednesday. Among notable stocks, Delivery Hero fell 10% after its Talabat unit's weak debut on the Dubai exchange. Ashtead dropped over 11% after announcing a New York primary listing and lower profit guidance.
TeamViewer slid 12% after a $720 million acquisition of software firm 1E. On the upside, Commerzbank gained nearly 3% after a board change, and Stellantis rose 1.1% on plans with CATL for a €4.1 billion battery plant in Spain by 2026.
Source: Trading Economics
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