LONDON, Aug 25 (Reuters) - European shares are set to open lower on Tuesday, financial bookmakers said, after hitting their highest closing level in more than 10 months the previous day and Wall Street ended flat after giving up earlier gains.
Financial spreadbetters expected Britain's FTSE 100 to open down 34 to 42 points, or as much as 0.9 percent, Germany's DAX to open 49 to 51 points lower, or as much as 0.9 percent, and France's CAC 40 to fall 27 to 33 points in the open, or as much as 1.2 percent.
The FTSEurofirst 300 index of top European shares rose for the third straight session on Monday, up 0.9 percent.
U.S. stocks ended the day barely changed on Monday as investors took a break from a four-day rally that lifted major indexes to 10-month highs. Wall Street initially charged higher, but a sharp gain in U.S. Treasury debt prices, which drove benchmark yields lower, triggered a sell-off in stocks. (Reporting by Dominic Lau; Editing by Jan Dahinten)