Markets & Finance

Europe Stocks End Lower


European stock markets finished lower, as a weak opening on Wall Street helped extend declines in the afternoon. London's FTSE 100 finished down 9.90 points, or 0.19%, to 5,208.10, amid nerves about a decline in U.S. stocks. The biggest contributors to the decline in the FTSE included HSBC Holdings, BP-Amoco, and Royal Bank of Scotland.

France's CAC 40 index ended down 42.19 points, or 0.95%, to 4,400.75. Germany's DAX index was off 37.42 points, or 0.95%, to 4,998.99, amid news that German metal workers accepted a new wage package.

Asian stocks ended higher. Japan's benchmark Nikkei 225 index added 9.22 points, or 0.08%, to 11,856.54, amid a declaration by the Japanese government that the country's economy has hit a bottom. Hong Kong's Hang Seng stock was closed for Buddah's birthday. Last Friday the index rallied 141.84 points, or 1.20%, to 11,974.61.


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