European Stock Markets Flat Near One-Month Low as Bond Yields Ease
European stock markets remained flat near a one-month low amid easing bond yields. The STOXX 600 index showed little movement, with London's UKX down by -0.39% and Germany’s DAX falling by -0.44%. Weak services activity in Germany contrasted with stronger manufacturing data that helped lift the composite PMI higher. France also saw its CAC index decline by -0.34%, as both services and composite PMIs fell below expectations for August, signaling economic softness. In Italy, however, the S&P Global Composite PMI rose, offering a more positive outlook in part of Europe.
