Markets & Finance

Europe Markets End Lower


European markets were lower Wednesday on weakness in the U.S. equities market. In London, the Financial Times-Stock Exchange 100 lost 18.9 points, or 0.46%, to 4,054.7, despite lack of reaction to a report that the May trade gap widened.

In Germany, the DAX Index shed 22.03 points, or 0.66%, to 3,322.43, amid polls showing corporate managers support Chancellor Schroeder's economic plans and a government report that exports rose in May for first time in 4 months.

In France, the CAC 40 lost 38.04 points, or 1.2%, to 3,139.93.

In Asia, major stock indexes ended higher. Japan's Nikkei index finished up 92.23 points, or 0.93%, to 9,990.95. Meanwhile, Hong Kong's Hang Seng index rose 34.54 points, or 0.35%, to 10,027.41.

Canada's benchmark S&P/TSX rose 27.69 points, or 0.39%, to 7,117.29.


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