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European stocks set for losses amid growing recession worries

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European shares are set to open lower on Monday, amid rising worries of an impending recession in the U.S.

div > div.group > p:first-child"> Britain's FTSE 100 was seen 28 points lower at 7,179, Germany's DAX down 50 points at 11,310, and France's CAC off by 9 points at 5,260, according to IG index data.

Early Monday morning, the yield on the U.S. 10-year Treasury note dipped about 1.6 basis points below the yield on the three-month paper, an inversion that has traders worried a recession could be round the corner. Elsewhere, U.S. special counsel Robert Mueller's two-year investigation into alleged coordination between President Donald Trump's 2016 campaign and Russia has come to a conclusion. Attorney General William Barr said Sunday the probe found no sufficient evidence of collusion between the Trump campaign and the Kremlin.

Back in Europe, Brexit remains a talking point, with reports of a plot to oust U.K. Prime Minister Theresa May surfacing over the weekend. The British leader met with senior ministers and Brexit-supporting lawmakers on Sunday to discuss the planned departure from the European Union.

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