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European markets are anticipated to open flat to lower on Tuesday ahead of the New Year holiday, with London’s FTSE 100 expected to drop 20 points to 8,100 and France’s CAC 40 down 5 points to 7,309. German and Italian markets will be closed all day, and all European markets will close on New Year’s Day. After a down day on Monday, European stocks have gained about 5.5% this year, lagging behind the S&P 500’s 25% increase. Traders are watching Boeing shares after a fatal crash in South Korea. U.S. stock futures and Asia-Pacific markets also showed slight declines.

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