European stock markets started the day on a negative note.
After the opening, the Stoxx Europe 600 benchmark index fell 1.2 percent to 506.1 points, while the DAX 40 index in Germany fell 1.1 percent to 18,190 points.
The FTSE 100 index in the UK lost 0.80 percent to 8,085 points, the MIB 30 index in Italy lost 1.7 percent to 33,880 points, the CAC 40 index in France decreased 1.5 percent to 7,400 points and the IBEX 35 index in Spain decreased 1.5 percent to 11,045 points.
The euro/dollar parity, which closed yesterday with a 0.13 percent decrease at 1.0840, is currently trending sideways.
While global markets are on a negative course due to the deepening selling pressure that started in the US led by technology stocks, all eyes are on the growth data to be announced in the US today.
During the busy earnings season, the financial results of major technology companies that fail to meet expectations continue to affect investor decisions.
While selling pressure was also seen to be effective in European stock markets yesterday, macroeconomic data announced in the region caused recession concerns to increase.
Analysts reported that in addition to the growth data to be announced in the US today, the July Ifo business confidence index in Germany and the speech of European Central Bank (ECB) President Christine Lagarde will be monitored.