PARIS — Global stocks continued to fall on Monday, extending a rout begun last week, as investors worried about a slowdown in growth in China and other developing economies that is causing big losses among emerging-market currencies.

Markets first became unsettled on Thursday, when a survey indicated a drop in Chinese manufacturing activity, the latest sign that a painful slowdown in the world’s No. 2 economy is likely to continue.

When investors worry about global growth, they first pull back from riskier trades in emerging markets. That combined with concerns about specific countries — economic stability in Argentina and a political scandal in Turkey — to convince investors to sell off even more sharply.

“The growing turmoil in emerging markets is inflicting damage … across the board and no letup is expected in the near term,” said Mitul Kotecha, head of global markets research for Asia at Credit Agricole CIB, in a report.

After sharp losses in Asia, Europe was also trading lower. Around midday, London’s FTSE 100 index of British companies skidded nearly 1.5 percent to 6,565.61. It was dragged down by a 17 percent plunge in the shares of natural gas provider BG Group, which warned on its outlook due to turmoil hitting its Egyptian operations, among other things

Germany’s Dax slipped 0.5 percent to 9,349.25 and France’s CAC 40 fell 0.4 percent to 4,145.36.

Across the Atlantic, however, there was hope for greater calm, with Dow futures up. Traders were on watch for a report on U.S. new home sales, which several economists predicted to have fallen in December. Dow futures rose less than half a percent to 15,822.00 while the broader S&P 500 futures climbed 0.4 percent to 1,788.75.