Markets & Finance

Europe Stocks End Lower


European stock markets finished lower -- falling 2% in Germany -- after the sour reports on consumer confidence, and August retail sales in the U.S. London's Financial Times-Stock Exchange 100 index gave up most of its earlier gains, and was lower by 4.4 points, or 0.10%, to 4,237.80. In Paris, the CAC 40 moved 25.69 points lower, or 0.77%, to close at 3,322.56. French July industial production fell, and July trade surplus rose, says MMS.

Germany's DAX index fell 74.62 points, or 2.09%, to end at 3,492.23.

Asian markets finished higher on Friday. In Japan, the Nikkei 225 index added 166.48 points, or 1.58%, to close at 10,712.81. In Hong Kong, the market was closed for trading on Friday.

Canada's benchmark S&P/TSX slipped 18.41 points, or 0.24%, to 7,580.07.


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