the paneuropean stoxx 600 ended the session down by 19 with travel and bank shares both dropping 37 to lead losses as all sectors and major bourses declined european markets are following a pattern of uncertain sentiment around the world as rising covid19 cases in multiple countries resurface concerns about stock valuations india which has seen a resurgence in cases of late reported more than 200000 infections for the sixth consecutive day tuesday on wall street stocks fell for a second day on tuesday as strong corporate earnings failed to boost a market already near record highs earnings season continues in the us tuesday with streaming giant netflix set to report after the bell meanwhile shares in asiapacific were mixed in tuesday trade as china kept its benchmark lending rate unchanged with japanese stocks leading losses among the regions major markets investors in europe are keeping an eye on earnings reports in the region danone posted a 33 fall in firstquarter sales but maintained its goal of returning to profitable growth in the second half of the year the french food groups shares slid 18 by the close ab foods shares fell 59 after adjusted operating profit almost halved from the same period last year british american tobacco slumped 76 leading a broad decline for tobacco companies after a report that the biden administration is considering a requirement for reduced nicotine content in all cigarettes sold in the us imperial brands also fell 73 at the bottom of the european blue chip index austrian chipmaker ams plunged 129 after a media report that it lost some business from us tech giant apple while swiss re slid 75 after entering into a partnership with veoneer to advance assessment and development of adas technology on the opposite end of the paneuropean benchmark czech antivirus software maker avast rose 13 after a promising firstquarter trading update on the data front uk unemployment fell unexpectedly for a second consecutive month to 49 in the period to the end of february despite tight nationwide covid19 lockdown measures the office for national statistics figures showed tuesday subscribe to cnbc pro for exclusive insights and analysis and live business day programming from around the world