FX.co ★ European Stocks Poised for Lower Open

European equity markets were poised to open lower on Tuesday, pulling back from record highs as investors took profits and closely monitored escalating tensions in the Middle East. The US military reportedly struck missile launch sites and vessels suspected of attempting to deploy mines in southern Iran, with US Central Command stating that the operations were intended to protect American forces in the region. At the same time, President Donald Trump said talks with Tehran were progressing well but warned that further strikes could follow if negotiations were to collapse. With no major economic data releases or corporate earnings reports scheduled in Europe on Tuesday, geopolitical headlines remained the primary driver of market sentiment. In corporate news, Ferrari unveiled its first fully electric vehicle, the Ferrari Luce, with a price tag of €550,000. In premarket trading, Euro Stoxx 50 futures were down 0.4%, while Stoxx 600 futures slid 0.8%.