European stocks mostly sag before US reopening

LONDON (AFP) — Europe's main stock markets mainly fell on Tuesday in subdued trade as investors awaited Wall Street's reopening after a three-day holiday weekend in the United States.

New York markets, which were shut on Monday owing to the Labor Day public holiday, reopen Tuesday at 1330 GMT.

In early afternoon deals, London's FTSE 100 index of leading shares dropped 0.25 percent to 6,299.20 points.

In Paris the CAC 40 dipped 0.29 percent to 5,634.89 points and the DJ Euro Stoxx 50 index lost 0.19 percent to 4,287.94 points.

However, Frankfurt's DAX 30 reversed earlier losses to stand 0.08 percent higher at 7,654.67.

The euro stood at 1.3579 dollars.

"It's a pretty dead day in the markets, with the bank holiday in the US and the Asian market coming off a ...