European stock markets are expected to open lower as growth fears resurface. The Eurostoxx 50 at 3,511.86 points (+1.00%), the CAC 40 at 6,091.91 points (+0.93%), the DAX 40 at 12,959.81 points (+0.74%), the FTSE 100 at 7.223.24 points (+0.90%), the SMI at 11,010.18 points (+0.26%), the AEX at 681.10 points (+1.37%), the BEL 20 at 3.750.69 points (+1.27%), the IBEX 35 at 7,963.10 points (+0.22%), the DJIA at 31,072.61 points (-0.69%), the Nasdaq at 11.360.05 points (-0.81%), the S&P 500 at 3,830.85 points (-0.84%) and the Nikkei 225 at 26,940.35 points (+0.57%).

The change from the close in New York shows EUR/USD opening at 1.0143 (-0.02), EUR/JPY at 140.03 (-0.07%) and USD/JPY at 138.06 (-0.06%).

Alstom reports sales and order intake for the first quarter of its 2022-2023 fiscal year. Virbac and APRR, Eiffage's motorway subsidiary, presented their half-yearly revenues and Vinci Airport, owned by Vinci, announced its June traffic figures.

At around 7:30 a.m., the CAC 40 futures contract was down 43 points, or 0.7%, according to data from broker IG Markets. The DAX 40 contract was giving up 75 points, or 0.6 percent, and the FTSE 100 was down 32 points, or 0.4 percent.

Apple shares lost 2.1 percent Monday after news agency Bloomberg reported that the U.S. technology giant plans to curb hiring and spending growth in some divisions because of the slowing economy.

The Dow Jones Industrial Average (DJIA) gave up 0.7 percent to 31,072.61 points, and the broader S&P 500 index lost 0.8 percent to 3,830.85 points. The Nasdaq Composite dropped 0.8% to 11,360.05 points.

U.S. Treasury yields gained ground on Monday after statements from several Federal Reserve (Fed) officials dampened speculation of a 100-basis-point interest rate hike next week. A renewed risk appetite across the market also reduced demand for government bonds, which are considered safe.

The euro was up slightly Tuesday morning against the dollar. The dollar suffered a sharp sell-off on Monday as concerns about Federal Reserve tightening eased.

Crude oil futures retreated Tuesday morning after gaining more than 5% on Monday due to cheap buying."OPEC has limited spare capacity and is unlikely to step up to the plate, especially after the monumental correction in oil prices" in recent weeks, SPI noted. In the short term, the market awaits the next meeting of the Opec+, which includes Opec and ten allied countries including Russia, scheduled for August 3. At around 7:20 a.m., the September contract for North Sea Brent crude was down 51 cents at $105.76 a barrel. The August contract for Nymex-listed light sweet crude (WTI) was down 31 cents at $102.29 a barrel.