European Markets Face Downturn as German Bond Yield Hits 2.922%

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The struggles within the Euro zone’s manufacturing sector became evident as the Purchasing Managers’ Index (PMI) for September registered at 43.4, reflecting a contraction in the sector.

In individual stock movements, Edenred (EPA:EDEN) experienced a significant drop, plunging by 11%. On the other hand, BAE Systems (LON:BAES) saw an increase, with its stock rising by 1.1%. These notable shifts in stock values further underscore the current volatility in the European markets.

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