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Canada Shares Tumble

Canada's benchmark S&P/TSX dropped 85.92 points, or 1.19%, to 7,139.43.

European markets finished mixed as U.S. stocks lost ground. In London, the Financial Times-Stock Exchange 100 index ended up 25.00 points, or 0.55%, to 4,605.30. In France, the CAC 40 finished down 32.54 points, or 0.85%, to 3,799.53. And in Germany, the DAX Index fell 13.28 points, or 0.31%, to 4,232.40.

Asia markets logged sharp losses. In Japan, the Nikkei 225 index finished down 258.63 points, or 2.44%, to close at 10,354.35. Tokyo stocks stumbled Friday as tech concern Sony led a broad-based retreat on the heels of a weak U.S. stock market finish.

In Hong Kong, the benchmark Hang Seng index ended down 162.55 points, or 1.51%, to close at 10,590.86.

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