European markets fell on Friday as concerns over China’s faltering economy weighed on several key sectors.
The main continental Stoxx 600 index slipped 0.3%. Shares in car makers and luxury goods led the sell-off as China is a key market for them, with weaker-than-expected manufacturing data from the Asian country overshadowing Beijing’s promises to revive faltering growth.
Regional stock exchanges also had problems. Paris’s CAC 40 was down 0.8%, Frankfurt’s Dax was down 0.4% and London’s FTSE 100 was down 0.1% in early trading.
