European Markets Bounce Back
European markets ended with gains. In London, the Financial Times-Stock Exchange 100 index was up 25.10 points, or 0.68%, to 3,696.20, in short covering from recent skids. In France, the CAC 40 added 42.57 points, or 1.55%, to 2,785.38, on short covering. And in Germany, the DAX Index was up 89.29 points, or 3.11%, to 2,962.50, after a sentiment index fell lower than expected, raising hopes about the economy.
In Asia, the markets finished lower. The Nikkei fell 156.23 points, or 1.68%, to 9,165.41, taking a cue from U.S. equities. Plus, the weaker U.S. dollar resulting from a slide in the country's equities spurred earnings fears over the Japan's exporters. In Hong Kong, the market lost 72.77 points, or 0.79%, to 9,124.91.