European stocks fell on Tuesday, retreating after strong gains in the last session, as a decline in healthcare and financial stocks weighed while investors focused on key inflation data across the continent due later in the day.
Europe's main index, the STOXX 600, was down 0.3% by 0810 GMT after rising to a more than two-week high on Monday following a report suggesting U.S. President-elect Donald Trump may opt for a less aggressive tariff strategy.
Trump later denied the report, adding to the uncertainty.
On the day, healthcare was among the biggest early losers, down 0.8% with index blue-chip Novo Nordisk (NYSE:NVO) down 2.1%, while AstraZeneca (NASDAQ:AZN) dropped 1.5%.
Insurers fell 1.2%, while banks fell close to 1%.
The focus will be on euro zone inflation readings due later in the session. Meanwhile, French consumer prices rose less than anticipated in December.
Source: Investing.com
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