June 3, 2018 7:00 a.m. ETStock indexes that rode accelerating global growth to fresh records in January are now hamstrung by a moderate but unmistakable slowdown in economic momentum in Europe and elsewhere. Business activity globally has slowed from multi-year highs, according to the JPMorgan Chase and IHS Markit global purchasing managers index. The global manufacturing index fell to 53.1 in May, a nine-month low. The services index for April, which will be updated for May on Tuesday, slid to 53.8 from 54.8 two months earlier. And business activity in the eurozone fell to its lowest level in a year and a half last month. [MORE: Go to link here]