European Markets End Mixed
European stock markets end mixed. London's Financial Times-Stock Exchange 100 index fell 7.2 points, or 0.17%, to 4,265.7 as government issues economic forecasts that shows growth but still high inflation.
In Paris, the CAC 40 was up 14.8 points, or 0.4%, to 3,366.95. Germany's DAX index rose 28.49 points, or 0.79%, to 3,615.42 following Tokyo's overnight surge. The market was restrained, however, by a EU report that sees German GDP unchanged this year and up 1.6% next year. Asian markets finished higher Wednesday. In Japan, the Nikkei 225 index gained 178.22 points, or 1.69%, to close at 10,739.22. Japan's September industrial production rose 3% month-to-month, beating expectations. Furthermore, first-half earnings reports by Japanese high-tech companies during the session were better than expected.
In Hong Kong, the Hang Seng index rose 38.63 points, or 0.32%, to close at 12,130.51
Canada's benchmark S&P/TSX rose 11.31 points, or 0.15%, to 7,730.48.