European stock markets experienced significant declines as the anticipated Chinese stimulus failed to materialize. Key players such as LVMH and Kering saw their shares slump, contributing to a broader retreat across the continent. The DAX index fell below the 19,000 mark, reflecting a general downturn as investors reacted to disappointing PMI numbers and geopolitical uncertainties. While some sectors, such as luxury and mining, faced heavy losses, European stocks closed lower, marking a lackluster conclusion to the trading month. Automakers, affected by production woes, further strained the market, while mixed performances from global markets added to the overall negative sentiment. As Europe grapples with these challenges, indications suggest a tough environment moving into the next quarter.