London (UKX) -0.77%

Germany (DAX:IND) -0.75% Germany’s service sector growth slows for third straight month.

France (CAC:IND) -0.74% France services activity sees strongest expansion since May 2022.

Eurozone economy grows at fastest pace in three months.

The HCOB Spain Services PMI rose to 54.6 in August 2024.

The Austrian economy contracted 0.4% in the three months ending June 2024.

The Sweden Services PMI fell to 52.9 in August 2024. Sweden’s current account surplus widened to SEK 153.9B.

The pan-European Stoxx 600 (STOXX) moved 1.02% lower, with all sectors in red. Technology, autos and banks led losses. The downward pressure comes as major chip names in the U.S. routed. September month so far has been choppy, with the S&P 500 (SP500) marking its worst day since the early August global rout.

Coming up in the session: UK PMI expected shortly.

In the bond market, the U.S. 10-year Treasury yield was down 3 basis points to 3.81%.

Germany’s 10-year yield was down 3 basis points at 2.25%.

U.K.’s 10-year yield was down 3 basis points to 3.96%.

Currencies: (EUR:USD) (GBP:USD) (CHF:USD)

ETFs: (EWG), (GF), (EWI), (EWQ), (FGM), (DAX), (FLGR), (FXB), (EWU), (FKU), (EWUS), (FLGB), (GREK)