Europe Stocks End Down

Asia stocks surge; Canada markets higher

European markets ended lower. In London, the Financial Times-Stock Exchange 100 index fell 40.80 points, or 0.79%, to 5,120.00, as drug stocks fell in reaction to Merck's warning. In France, the CAC 40 was off 41.26 points, or 0.91%, to 4,510.68. In Germany, the DAX Index dropped 84.95 points, or 1.65%, to 5,061.50, as Dresdner Kleinwort downgraded Deutsche Bank to hold and the German trade surplus unexpectedly widened in October.

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