Europe stocks open narrowly lower after China takes step to lower yuan concerns

European stocks opened with narrow losses after China's central bank set the yuan's reference point higher than expected early Tuesday.

The Stoxx Europe 600 SXXP, -0.08% fell 0.1% to 369.19, and the German DAX DAX, +0.14% managed a small gain. U.S. stock futures ES00, +0.37% pointed toward opening gains.

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