outlook. Government of Canada bonds weakened as stocks gained some ground. the June Canadian dollar settled higher at 63.66 cents vs. the U.S. dollar. May crude settled $0.93 higher at $27.12. April gold settled $1.60 higher at $258.40.
European markets were trading higher, looking to the U.S. market for direction. In London, the Financial Times-Stock Exchange 100 index closed up 72.60 points, or 1.33%, to 5,535.70. In Germany, the DAX Index was up 56.84 points, or 1.02%, to 5,610.30. In France, the CAC 40 finished higher by 67.82 points, or 1.36%, to 5,071.82.
In Asia, the markets ended mixed. The Nikkei gained 118.31 points, or 0.90%, to 13,242.78. Banks and securities houses were some of the biggest gainers, bolstering the market against losses in technology shares following the Nasdaq's decline Tuesday, and brushing off the government's postponement of its emergency economic package release. In Hong Kong, the Hang Seng ended down 520.51 points, or 4.14%, to 12,063.71.