European stocks open lower; Stoxx 50 down 1.1%, DAX down 1.3%

The uniformity of the opening declines across the Euro Stoxx 50, DAX and FTSE 100 suggests a region-wide driver rather than sector- or country-specific weakness, which is the more telling signal here. Breadth like this tends to reflect macro sentiment — rate expectations, energy, or external risk appetite — rather than company fundamentals. The open question is whether the selling holds through the session or fades, and whether the moves stay correlated across the three benchmarks or begin to diverge as the day develops.