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Europe Markets End Lower


European markets finished lower. London's FTSE 100 index was down 13.5 points, or 0.34%, to 3,992.9. In France, the CAC 40 index fell 33.6 points, or 1.1%, to 3,023.96.

In Germany, the DAX index declined 61.31 points, or 2%, to 3,005.64, amid news that German unemployment rose 44,000 to a 5- year high of 4.46 million, while the rate moved up to 10.7% from 10.6%. Also, German factory orders fell 3.3% in March. There's hope the European Central Bank will lower rates at tomorrow's policy meeting.

Canada's benchmark S&P/TSX dropped 43.12 points, or 0.64%, to 6,650.59.

Asian markets finished slightly higher. In Japan, the Nikkei index rose 26.21 points, or 0.32%, to 8,109.77. Hong Kong's benchmark Hang Seng index edged up 11.83 points, or 0.13%, to 8,901.05.


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