European markets are heading for a lower open as negative momentum continues in the region.
Investors are grappling with the prospect of a prolonged period of higher interest rates, elevated inflation and economic uncertainty.
Regional markets closed lower Monday with major bourses and almost all sectors in negative territory. Germany's 10-year bond yield will be closely watched Tuesday after it hit its highest point since 2011 Monday, according to Reuters, as euro zone yields more widely also increased.Sign up for NBC San Diego newsletters.
Investors are looking ahead to inflation data set for release this week, which will influence the European Central Bank's next move.Tech giant seems to be going through an"identity crisis" of sorts, making the stock"uninvestable" right now, according to Adam Coons, chief portfolio manager at Winthrop Capital Management.
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