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Canada Markets Finish Lower

Canada's benchmark S&P/TSX fell 49.56 points, or 0.74%, to 6,690.81.

European stocks fell. Oil shares declined after Goldman Sachs lowered its earnings estimate for Shell Transport & Trading, according to Bloomberg. But Vodafone Group and Deutsche Telekom gained after analysts raised recommendations on the large telephone companies.

London's FTSE index ended down 41.90 points, or 1.11%, to 3,736.70. In Paris, the CAC-40 index lost 27.68 points, or 0.92%, to 2,992.39. In Frankfurt, the DAX index fell 22.98 points, or 0.79%, to 2,870.57.

In Asia, stocks finished higher. Japan's Nikkei 225 index rose 149.76 points, or 1.75%, to 8,708.58. Meanwhile, Hong Kong's benchmark Hang Seng gained 16.45 points, or 0.17%, to 9,568.47.

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