European stocks recovered ground late Thursday afternoon even as weak economic data compounded uncertainty arising from the U.S. announcement that it would impose billions of dollars’ worth of tariffs on exports from the European Union.

The pan-European Stoxx 600 was 0.01% lower to 377.46 by the close of trade on Thursday. The FTSE 100 in London shed 0.6 percent to finish at 7078.

A host of economic data on Thursday worsened the already troublesome conditions for risk assets, showing euro zone business growth stalling in September as an ongoing contraction in manufacturing begins to affect the services industry.

Source: Marketwatch