- European stock markets turned lower Monday as another round of disappointingly weak readings from regional business surveys showed there’s still no sign of a turnaround in the economy.
Germany’s manufacturing Purchasing Managers Index fell to 41.4 from 43.5 last month, its lowest since 2012. Analysts had expected it to turn up to 44.0. The composite index fell to 49.1, also the first time in seven years it’s been below 50.
