European stocks opened lower on Wednesday, as political events on both sides of the Atlantic weigh on investor sentiment.
The pan-European Stoxx 600 dropped 0.6% at 387.64 at the opening bell, with technology, travel and leisure and oil and gas stocks shedding more than 1% to lead losses, as all sectors and major bourses entered negative territory.
Market focus was largely attuned to news of a bid from Democrats in the U.S. House of Representatives to impeach President Donald Trump.
The impeachment inquiry was announced by House Speaker Nancy Pelosi on Tuesday, and follows concerns over Trump’s efforts to push Ukraine to investigate the family of Democratic presidential hopeful Joe Biden.
Source : CNBC