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Markets & Finance

Europe Markets End Lower

European stock markets finished lower on Wednesday. London's Financial Times-Stock Exchange 100 index was down 27.3 points, or 0.63%, to 4,327.4 on profit taking and worries about the Tokyo Nikkei plunge overnight.

In Paris, the CAC 40 lost 9.54 points, or 0.28%, to 3,343.38. There was little reaction to a report that French consumer prices rose 0.2% in October. EADS, Thomson, and Rhodia stocks were all lower.

Germany's DAX index was down 13.99 points, or 0.38%, to 3,652.29, also in reaction to Tokyo's 2.85% slide overnight.

Asian stock markets finished lower. Japan's Nikkei 225 index lost 282.45 points, or 2.85%, to finish at 9,614.60 since the bearish mood returned on the U.S. dollar's sharp fall in the foreign exchange market and sluggish U.S. in Tuesday's session.

In Hong Kong, the Hang Seng index gave up 154.27 points, or 1.28%, to finish at 11,872.99.

Canada's benchmark S&P/TSX climbed 63.70 points, or 0.82%, to 7,801.09.

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