posted at 02:50
Author Name: Mike Bird
market update dec 1
REUTERS/Darren StaplesEuropean stock indexes are down this morning, following some more dismal economic data suggesting the eurozone's industry is on the brink of a recession. 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. 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.

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