Grim Economic News Hits Nikkei

Canada shares follow U.S. stocks lower; European markets finish lower amid economic jitters

European markets finished lower amid ongoing economic uncertainty. In London, the Financial Times-Stock Exchange 100 index ended off 79.70 points, or 1.51%, to 5,185.00, on a report that producer prices there fell 0.4% in November and declined by a record 1.0% year over year. In France, the CAC 40 lost 86.65 points, or 1.87%, to 4,556.29. In Germany, the DAX Index lost 74.35 points, or 1.43%, to 5,124.68, on continued worries that the EU will fall into recession.

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