Canada Shares Close Slightly Higher
Canada's benchmark TSE 300 drifted back into the green column to close up 12.1 points to 7570.8. But the market is still in a jittery mood. Doom and gloom scenarios currently are keeping investors from expressing a more exuberant view on stock market performance.
European markets moved lower amid downgrades in banks and continued concerns about shabby profits at tech companies. In London, the Financial Times 100 Index finished off 76.00 points, or 1.39% to 5,391.90. In France, the CAC 40 finished down 58.72 points, or 1.18%, to 4,914.68. Germany's DAX Index dropped 14.52 points, or 0.25%, to 5,801.80.
Asian markets ended lower. In Japan, the Nikkei Index tumbled 295.30 points, or 2.40%, to close at 12,005.11. The Japanese market was hit by comments from technology firms abroad, a suffering economy at home and selloffs in tech concerns such as Hitachi Ltd. Meanwhile, Hong Kong's Hang Seng Index ended off 186.00 points, or 1.46% to finish at 12,527.90.