Markets & Finance

European Markets Finish Mixed


Canadian markets closed lower with the benchmark Toronto Stock Exchange 300 losing 24.9 points to 6869.3 as it played catch up to Monday's losses in the U.S. and continued weakness in U.S. on Tuesday. There is concern as third quarter earnings start coming out and the huge military uncertainty overhanging the markets were all pressures.

European markets were mixed, as investors kept an eye to the ongoing attacks on Afghanistan. In London, the Financial Times-Stock Exchange 100 index ended off 22.90 points, or 0.46%, to 5,009.80. Germany's DAX Index lost 22.73 points, or 0.51%, to 4,472.42, amid reports that the German unemployment rate rose to 9.4% in September, from 9.3% in August. In France, the CAC 40 finished up 4.76 points, or 0.11%, to 4,176.97.

Asian stocks finished mixed. In Japan, the Nikkei 225 index, closed for trading Monday, lost 194.10 points, or 1.90%, to 10,011.77 on Tuesday, amid fears that retaliatory attacks on terrorist groups in Afghanistan by the U.S. and Great Britain would impact earnings. Meanwhile, Hong Kong's Hang Seng added 391.10 points, or 3.92%, to close at 10,358.93.


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