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ROME – Global stock markets fell Thursday after weak manufacturing surveys provided new evidence that the recovery is slowing in the world's biggest economies, from the U.S. to China and Europe.

The euro, however, gained ground against the dollar — trading 1.59 percent higher at $1.2427 — on signs that European banks are less strapped for cash than feared.

The FTSE 100 index of leading British shares slid 0.93 percent to 4871.08. Germany's DAX was down by 0.88 percent to 5913.17, while France's CAC-40 was 1.98 percent lower at 3374.59.

Wall Street followed the decline after receiving more grim data about the jobs market.

The Dow Jones industrial average was down 0.1 percent at 9,762.76 and the Standard & Poor's 500 index was down 0.1 percent at 1,030.18.