Chinese factory activity contraction and stock market falls signal concern over China's economic health.

Emerging stock markets fell, with the MSCI index down 0.4%, as China's factory activity contracted for the fourth month, raising growth concerns. Major Chinese firms like Alibaba and Tencent faced losses. Investors are awaiting the U.S. jobs report, which may influence a potential interest rate cut by the Federal Reserve. Global markets showed mixed performance, reflecting cautious sentiment ahead of key economic data amid worries over China's economic health.