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European stocks closed slightly lower on Tuesday, reversing earlier gains as investors tracked U.S.-China trade talks and the latest moves in global markets.

The pan-European Stoxx 600 index provisionally closed down by almost 0.2%, with most sectors slipping into negative territory. Oil and gas stocks led the losses to slip 1.3%, while travel and leisure stocks were the top performers, up about 1.5%.

Looking at individual stocks, Aveva Group rose to the top of the pan-European benchmark after announcing a deal to buy SoftBank-backed U.S. software firm OSIsoft for $5 billion. The stock was up more than 7% on the news.

Reference: CNBC