International markets roundup A roundup of trading on major world markets: NEW YORK - US stocks rebounded from Friday's steep losses despite weaker data on manufacturing and construction spending. The Dow Jones Industrial Average on Monday jumped 138.46 points (0.92 per cent) to finish the day at 15,254.03. The broad-based S&P 500 gained 9.68 (0.59 per cent) at 1,640.42, while the tech-rich Nasdaq Composite rose 9.45 (0.27 per cent) to 3,465.37. The Institute for Supply Management's purchasing managers index (PMI) on US manufacturing unexpectedly slumped into contraction territory in May, for the first time since November, and the the Commerce Department reported that construction spending in April rose 0.4 per cent, less than half of the increase expected. LONDON - European stocks ended down on fears the Fed will begin cutting monetary stimulus as encouraging eurozone manufacturing numbers failed to impress markets, traders say. London's FTSE 100 index of leading shares closed down 0.88 per cent to 6,525.12 points, Frankfurt's DAX 30 index dropped 0.76 per cent to 8,285.80 points, and the CAC 40 in Paris shed 0.71 per cent to finish at 3,920.67 points. Milan closed down 0.91 per cent Madrid slid 0.44 per cent. The Markit Eurozone Composite Purchasing Managers Index rose to a 15-month high of 48.3 in May, up from an initial reading for the month of 47.8 and compared with a four-month low of 46.7 in April. The euro rosed to $US1.3092 from $US1.2996 late in New York on Friday. HONG KONG - Asian stocks fell, with Tokyo plunging 3.72 per cent to a six-week low after downbeat Chinese manufacturing data and a sharp drop on Wall Street last week. Tokyo, which fell more than five per cent last week, on Monday was down 512.72 points at 13,261.82, continuing volatile trading that has seen a series of sharp drops. Seoul fell 0.57 per cent, or 11.48 points, to close at 1,989.57, Shanghai ended flat, edging down 0.06 per cent, or 1.34 points, to 2,299.25, and Hong Kong dropped 0.49 per cent, or 109.97 points to 22,282.19. The falls came after conflicting manufacturing data from China, the world's second-largest economy, with HSBC saying on Monday that activity fell to an eight-month low in May. The British banking giant's final purchasing managers' index (PMI) reading for May came in at 49.2, worse than the preliminary 49.6 announced on May 23. WELLINGTON - Wellington was closed for a public holiday.