European markets turned negative on Tuesday, reversing earlier gains, after stocks saw their worst day since the financial crisis in the previous trading session.
The pan-European Stoxx 600 was around 1.4% lower by late-afternoon at 337.38, paring earlier gains. Basic resources was the only sectors in the green, up 0.8%, with all other sectors trading in negative territory.
The moves come after markets around the world tanked Monday as global investors braced for the spread of the coronavirus and oil prices fell after the collapse of OPEC talks.
Source : CNBC