European stocks fell in cautious trade on Monday after a government crackdown pushed China stocks to their worst day in a year and a survey showed German business confidence weakened unexpectedly in July.
German business sentiment index fell to 100.8 in July from a revised 101.7 in June, the ifo Institute said. The score was forecast to rise to 102.1 from June's initially estimated value of 101.8.
Rising COVID-19 infections also dented sentiment, with Russia's total virus cases surpassing 6 million and Turkey reporting a tripling of cases on Sunday compared with earlier this month.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.