European Markets Head for Lower Open

European equity markets were headed for a lower open on Tuesday, extending a global stock rout after better-than-expected US services activity data stoked fears that the Federal Reserve will keep on raising interest rates.

Investors also reacted to data showing factory orders in Germany rose more than expected in October, while awaiting more European economic reports to gauge the possibility of a recession in the region.

DAX and Stoxx 600 futures fell about 0.2% in early trade.