LONDON ( The Deal) -- European stocks fell on Monday, starting the week and a new month in the red amid a fall in eurozone manufacturing output and as slumping oil prices hit energy stocks.
In London, the FTSE 100 shed 0.73% to 5,573.69 while in Paris the CAC 40 fell 0.50% to 4,368.04. In Frankfurt, the DAX fared the least worst of the main benchmark indices, retreating 0.39% to 9,942.14.
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Clouds over Europe's recovery remained dark as the Markit Economics eurozone manufacturing gauge fell from 50.6 in October to 50.1 in November, below its earlier flash estimate of 50.4, with Markit chief economist Chris Williamson warning that "there is a risk that renewed rot is spreading across the region from the core."
Manufacturing also slowed more than forecast in China, whose official November factory index dropped to an eight-month low.
Mining stocks including BHP Billiton (BHP) and Anglo American (AAUKY) also fell more than 2% after Swiss voters overwhelmingly rejected a plan that would have required the country's central bank to hold a fifth of its reserves in gold.