European Stocks Finish Higher
European markets finished higher Wednesday. In London, the FTSE-100 index was up 73.2 points, or 1.8%, to 4,144. Third quarter GDP growth for the United Kingdom was revised upward to 0.8% from 0.7% compared to the second quarter. Frankfurt's DAX was up 88 points, or 2.77%, to 3,280 on some short covering from recent losses. The Paris CAC index was up 98 points, or 3.07%, at 3,313.
In Asia, stocks ended mixed. Japan's Nikkei 225 Index finished up 51.89 points, or 0.59%, to 8,875.88. Lacking fresh news, traders cited by S&P MarketScope said the market was top-heavy ahead of the 9,000 level for the Nikkei. Sony was down 0.74%, and NTT DoCoMo lost 1.23%. In Hong Kong, the Hang Seng index shed 50.93 points, or 0.51%, 9,944.59.