European markets set to fall sharply at the open as Russia-Ukraine tensions rise

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European markets set to fall sharply at the open as Russia-Ukraine tensions rise
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European stocks are expected to open sharply lower on Tuesday as global markets are shaken by developments in the Russia-Ukraine crisis.

The U.K.'s FTSE index is seen opening 67 points lower at 7,413, Germany's DAX 264 points lower at 14,451, France's CAC 40 down 94 points at 6,680 and Italy's FTSE MIB 405 points lower at 25,622, according to data from IG.

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