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European Markets Are Sinking

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European Markets Are Sinking European stock indexes are down this morning, following some more dismal economic data suggesting the eurozone's industry is on the brink of a recession.

Here's the scorecard.

*France's CAC 40*: -0.64%

*Germany's DAX*: -0.23%

*The UK's FTSE 100*: -0.74%

*Spain's IBEX*: -0.45%

*Italy's FTSE MIB*: -1.25%

Asian markets closed mixed. *Hong Kong's Hang Seng *closed down 2.58%, a major drop, after pro-democracy protests flared up in the city over the weekend. *Japan's Nikkei *closed up 0.75%.

US futures are down too. *The S&P 500 *is down by 10 points,  and *the Dow *is down 78 points. *
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Later today, US manufacturing PMIs are out. At 2:45 and 3 p.m. GMT respectively, Markit and ISM purchasing managers' indexes are out. Analysts are expecting a slight cooling in US industrial growth, but figures are still likely to show strong growth.

Join the conversation about this story » Reported by Business Insider 4 hours ago.

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