Markets & Finance

Europe Stocks Fall


European stock markets finished lower as U.S. stocks weakened. Information-technology shares were the worst performers for the second straight session, as the sector continues to digest last week's surge amid ongoing concerns about the outlook for corporate tech spending, says S&P.

London's FTSE 100 fell 10.90 points, or 0.21%, to 5,197.20. France's CAC 40 index ended down 1.55 points, or 0.04%, to 4,399.20. And Germany's DAX index lost 14.38 points, or 0.29%, to 4,984.61.

Asian stocks ended lower, led by weakness in computer-related concerns following Monday's weak showing in the U.S. stock market. Japan's benchmark Nikkei 225 index lost 55.38 points, or 0.47%, to 11,801.16, as exporter shares extended losses because of the yen's strength.

Hong Kong's Hang Seng dropped 221.32 points, or 1.85%, to 11,753.29.


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