Europe Stocks End Lower
European stock markets closed lower on Tuesday. London's Financial Times-Stock Exchange 100 index was off 35.70 points, or 0.76%, to 4,649.80 as November Brent crude oil futures were up 39 cents to $51.05 amid worries about demand outstripping supply. The oil spike overshadowed a report showing UK CPI rose only 0.1% in September. Wimpey was lower as the company says five U.K. interest-rate increases since November have reduced demand for its homes. ARM Holdings was lower as Holland's Philips announced lower-than-expected revenue.
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