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Markets & Finance

Europe Markets End Mixed

European stock markets were mixed. London's Financial Times-Stock Exchange 100 index gained 6.3 points, or 0.14%, to 4,388.7. Some investors were encouraged that Britain's October car production rose 2.5% due to export demand. Business investment rose 0.7% in October but fell 1.6% for the third quarter.

In Paris, the CAC 40 was up 6.1 points, or 0.18%, to 3,418.15 as French consumer spending unexpectedly rose 1.6% in October although the September figure was revised down to 2.9% from 3.4% originally reported. Germany's DAX index fell 3.93 points, or 0.11%, to 3,733.16 as IFO business confidence index rose to 95.7 in November from 94.3 in October, the seventh consecutive monthly gain. In other news, Germany and France won more time from the European Union to cut their budget deficits.

Asian markets finished higher. In Japan, the Nikkei 225 index rose 107.37 points, or 1.09%, to 9,960.2. In Hong Kong, the Hang Seng index gained 159.51 points, or 1.35%, to 12,008.07.

Canada's benchmark S&P/TSX fell 27.81 points, or 0.35%, to 7,822.34.

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