European markets head for positive open, brushing off Wall Street losses

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European markets head for positive open, brushing off Wall Street losses
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European stocks are expected to open in positive territory on Tuesday with regional investors brushing off Monday's losses on Wall Street.

The losses rattled markets in Asia-Pacific overnight, and shares in the region declined. In Japan, the

dropped 2.77%, leaving the Nikkei in correction territory briefly before the index pared some of its losses. Markets in mainland China remain closed on Tuesday for the holidays.will be releasing a trading update. Economic data releases include French industrial output, the latest Italian GDP reading, the U.K.'s new passenger cars registration and final purchasing manager's index data from across the region.

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