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European stock markets<\/span> plunged into negative territory as markets evaluated the negotiations with the U.S. ahead of July 9 deadline for reciprocal tariffs. Dovish comments from officials of the European Central Bank helped limit losses. <\/p>\n U.K.’s FTSE 100 is 0.04 percent below the previous closing level of 8,760.96. It is currently trading at 8,757.49. In the 100-scrip index, 56 scrips are in positive territory. <\/p>\n France’s CAC 40 index’s current level of 7,635.08 is 0.40 percent below the previous close of 7,665.91. Of the 40 scrips in the index, 15 are trading above Monday’s levels.<\/p>\n Germany’s DAX is currently trading at 23,749.71, after shedding 0.67 percent from Monday’s close of 23,909.61. <\/p>\n Switzerland’s Stock Market Index has also declined from the previous close and is currently trading at 11,885.28 after dropping 0.30 percent overnight.<\/p>\n The pan-European Stoxx 600 also shed 0.41 percent from previous close and is currently trading at 539.16. <\/p>\n The EUR\/USD pair is currently hovering near 1.1787 whereas the GBP\/USD pair is near 1.3714. The USD\/CHF pair is at 0.7912.<\/p>\n European markets had closed on a negative note on Monday as markets awaited clarity on trade negotiations. Switzerland’s SMI plunged 0.60 percent. Germany’s DAX lost 0.51 percent. U.K.’s FTSE 100 dropped 0.43 percent. The pan-European Stoxx-50 declined 0.38 percent. France’s CAC 40 lost 0.33 percent. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n