European markets closed sharply lower on Tuesday as oil market volatility and the coronavirus outbreak remained in focus.
The pan-European Stoxx 600 closed down over 3% provisionally, driven lower by basic resources stocks, which cratered almost 6%. All sectors and major bourses finished below the flatline.
Oil markets have come into sharp focus after dramatic moves in prices Monday as the coronavirus dents demand and concerns over production storage grow.
Source: CNBC