LIVE MARKETS-Europe mostly higher, defence leads, travel lags

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

EUROPE MOSTLY HIGHER, DEFENCE LEADS, TRAVEL LAGS

Major European equity markets are trading mostly higher on Tuesday after a sharp sell-off the day before on U.S. growth concerns, while closer to home there were worries Germany's fiscal reforms might fail or be watered down.

Germany's Greens on Monday vowed to block the expected incoming government's plans to boost spending, but they offered proposals in a bid for a compromise.

German stocks are up 0.8% after a 1.7% fall the day before. .GDAXI and French shares .FCHI are up 0.6%.

The broader STOXX 600 .STOXX is up less than 0.1% after earlier touching its lowest since February 10, following a 1.3% decline on Monday.

S&P 500 ESc1 and Nasdaq futures .IXIC are also up 0.3% and 0.4%, after the benchmarks had tumbled on Monday.

Back in Europe, travel & leisure stocks .SXTP lag after disappointing earnings from U.S. airliner Delta DAL.N which dragged global peers lower. IAG ICAG.L, Lufthansa LHAG.DE, Air France KLM AIRF.PA and easyJet EZJ.L are down between 1.6%-5.7% in Europe.

Leading gainers are aerospace and defence stocks .SXPARO, up 1.4% after a 7% slide in the last three trading sessions. The index is still up about 25% year-to-date on expectations European countries are set to boost military spending.

Here's your opening snapshot:

(Samuel Indyk)

TUESDAY'S OTHER LIVE MARKETS POSTS:

EUROPE BEFORE THE BELL: STOCKS SEEN OPENING SLIGHTLY HIGHER CLICK HERE

TARIFFS TOPPLE STOCKS, NO SIGN OF 'TRUMP PUT' CLICK HERE