European stock markets are seen weakening at the open Tuesday, following the previous session’s tech-led selloff on Wall Street on increased inflation worries. At 2:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.4% lower, CAC 40 futures in France dropped 1.1% and the FTSE 100 futures contract in the U.K. fell 1.1%. Investors have turned their backs on longer-duration growth stocks as ongoing inflation pressures, with commodity prices surging, increased worries that the Federal Reserve will be forced to tighten its ultra-easy monetary policies earlier than it is currently guiding for.
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