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European markets lower as sentiment struggles; Barclays rises on earnings

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European stocks were lower Tuesday as sentiment struggles to pick up in global markets.

Shares of Barclays rose 5.4% after the lender announced a major operational overhaul including substantial cost cuts, asset sales and a reorganization of its business divisions, in its fourth-quarter results. French industrial gases company Air Liquide also gained 5.

4% after posting better than expected full-year operating profit and saying it had already reached its margin targets planned for 2025. Anglo American shares fell 3% after announcing jobs cuts in its South African Amplats division on the back of falling metals prices. — Karen Gilchrist

 

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