European stocks open lower, defense shares rise after bombing ‎in Poland

European stocks opened slightly lower today, Wednesday, and Mercedes-Benz Group led the losers in the auto sector, while an explosion in Poland kept sentiment weak and pushed defense stocks higher.

According to Reuters, the Stoxx 600 European stock index lost 0.2 percent

Mercedes-Benz shares fell 3.5% after a report said that the German automaker had cut the prices of its electric cars in China by as much as $33,000 due to poor sales.

US President Joe Biden said a missile that killed two people in Poland was likely not launched from Russia, after calling an emergency meeting of NATO leaders to discuss the attack.

The aviation, space and defense industries sector rose 1.8 percent.

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