Here is how major stock markets outside the United States ended on Tuesday.
Utilities ranked as the largest losing sector after their recent rally on merger speculation, while oil producers and miners weighed on the market alongside telecoms stocks after Vodafone was hit by downbeat broker notes. "The problem technically and psychologically is that we went ahead of ourselves; people have been chasing hot groups and hot stocks," said Philippe Gijsels, senior equity strategist at Fortis Bank.